Tag: what is perquisites in income tax in India
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what is perquisites in income tax in India: Ultimate Essential Proven Complete Practical Guide to Avoid Costly Tax Surprises
what is perquisites in income tax in India is a common question for salaried employees who receive benefits beyond cash salary. These benefits often feel “free” at the time of use, but the Income-tax Act can treat them as taxable salary. A company car, rent-free accommodation, employer-paid club fees, or concessional loans can all become…