https://www.taxtmi.com/manuals?id=888 Credit card expenses paid or reimbursed by an employer may be taxable as a perquisite when used for personal or household purposes. Taxable value includes the employer-borne expenses, together with membership and annual fees, less any amount recovered from the employee. No value arises for expenses incurred wholly and exclusively for official purposes if the employer maintains complete expenditure details and issues a certificate confirming official use. en-us Fri, 07 Aug 2015 15:59:00 +0530 Fri, 03 Apr 2026 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=888 Credit card expenses paid or reimbursed by an employer may be taxable as a perquisite when used for personal or household purposes. Taxable value includes the employer-borne expenses, together with membership and annual fees, less any amount recovered from the employee. No value arises for expenses incurred wholly and exclusively for official purposes if the employer maintains complete expenditure details and issues a certificate confirming official use. Manuals Income Tax Fri, 07 Aug 2015 15:59:00 +0530 https://www.taxtmi.com/manuals?id=888