Perquisite.

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....employer (including a company) to an employee whose income under the head "Salaries" by way of monetary payment (from one or more employers) exceeds such amount as prescribed; (d) the value of any specified security or sweat equity shares allotted or transferred, directly or indirectly, by the current employer, or former employer, free of cost or at concessional rate to the assessee; (e) the value of any other benefit or amenity, as prescribed; (f) any sum paid by the employer in respect of any obligation which, but for such payment, would have been payable by the assessee; (g) any sum payable by the employer to effect an assurance on the life of the assessee or to effect a contract for an annuity, whether directly or through a fund....

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....atment of its employees; (ii) in respect of the prescribed diseases or ailments, in any hospital approved by the Principal Chief Commissioner or Chief Commissioner having regard to such guidelines as specified; (c) any portion of the premium paid by an employer in relation to an employee, to effect or to keep in force an insurance on the health of such employee under any scheme approved, for the purposes of section 30(c), by the-- (i) Central Government; or (ii) Insurance Regulatory and Development Authority established under section 3(1) of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999); (d) any sum paid by the employer in respect of any premium paid by the employee to effect or to keep in force an insu....

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....ned in accordance with the method, as prescribed; (b) "family", in relation to an individual, shall have the meaning assigned to it in Schedule III (Note 2); (c) "gross total income" shall have the meaning assigned to it in section 122(10); (d) "hospital" includes a dispensary or a clinic or a nursing home; (e) "option" means a right but not an obligation, granted to an employee to apply for the specified security or sweat equity shares at a predetermined price; (f) "specified security" means the securities as defined in section 2(h) of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and, where employees' stock option has been granted under any plan or scheme, includes the securities offered under such plan or scheme;....