Employer-Paid Life Insurance Premiums Classified as Taxable Perquisites u/s 17(2)(v) of Income Tax Act.

Employer-Paid Life Insurance Premiums Classified as Taxable Perquisites u/s 17(2)(v) of Income Tax Act. https://www.taxtmi.com/highlights?id=70096 Salary income - Perquisites - Addition u/s. 17(2)(v) towards insurance premium paid by the employer - any policy to effect an assurance on the life of the assessee shall be treated as a ‘perquisite’ as defined in the Act. - Additions confirmed - AT en-us Fri, 02 Jun 2023 11:14:15 +0530 Fri, 02 Jun 2023 11:37:08 +0530 TaxTMI RSS Generator Employer-Paid Life Insurance Premiums Classified as Taxable Perquisites u/s 17(2)(v) of Income Tax Act. https://www.taxtmi.com/highlights?id=70096 Salary income - Perquisites - Addition u/s. 17(2)(v) towards insurance premium paid by the employer - any policy to effect an assurance on the life of the assessee shall be treated as a ‘perquisite’ as defined in the Act. - Additions confirmed - AT Highlights Income Tax Fri, 02 Jun 2023 11:14:15 +0530 https://www.taxtmi.com/highlights?id=70096