Perquisite Tax

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....erquisite Tax<br> Query (Issue) Started By: - S.C. WADHWA Dated:- 19-6-2013 Last Reply Date:- 22-6-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Expert, One of our director getting salary &#83....

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....77;50000/- Per month from a unit in delhi which provided him unfurnished rent free accommodation and also getting salary from other unit &#8377;500000/- per month. Perquisite tax on rent free accommod....

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....ation along with electricity bill of &#8377;600000/- per year will be paid by Ist unit. Now my query is whether perquisite tax paid on electricity bills being monetary payments is exempt in the hand ....

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....of employee or not. Please quote some circular or case law in this issue. Regards, WADHWA Reply By mayank srivastava: The Reply: Dear Mr. Wadhwa, Tax Paid only on RFA can be exempted, as it consi....

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....dered as a non monetary perks. Regards, Mayank<br> Discussion Forum - Knowledge Sharing ....