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ask 1800 180 1961/ 1961

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Taxability of Perquisites (Theory)​2685In this part you can gain knowledge about the provisions to be kept in mind while ascertaining the taxable value of various perquisites provided by the employer to his employee. ​9/8/2014 7:51:08 PMIn general perquisite means any benefit If an employer is providing any perquisite to his employee, then the value of that perquisite should be computed in the manner prescribed 121http://www.incometaxindia.gov.in/Tutorials/Forms/AllItems.aspxpdfFalsepdfTutorial{903058ee-bf1e-4514-bbd4-e628472da78b}831d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
Taxability of Perquisites (Practical)​2684In this part you can gain practical knowledge about the provisions to be kept in mind while ascertaining the taxable value of various perquisites provided by the employer to his employee. ​​9/8/2014 7:51:05 PMWhat will be the taxable value of perquisite arising in the hands of Mr.Sunil in respect The value of perquisite will be computed on the basis of population of the city in which 116http://www.incometaxindia.gov.in/Tutorials/Forms/AllItems.aspxpdfFalsepdfTutorial{903058ee-bf1e-4514-bbd4-e628472da78b}821d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
Valuation of perquisites1480447/16/2014 8:40:06 PMthe accommodation at the other place, the value of perquisite shall not exceeding 90 days and thereafter the value of perquisite shall be charged for both such accommodations 1575http://www.incometaxindia.gov.in/Rules/Income-Tax RuleshtmlFalsehtmRuleIncome-tax Rules{f5d01c93-5528-4be1-b341-5dc3e9647425}8931d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in3Car;Club facilities;Credit card facility;Domestic servant;Education;Free food, etc.;Gas/electricity;Gifts;Holiday tour;Interest free loans;Motor-car allowance;Movable assets;Perquisite;Residential accommodation;Salary;Sweeper/Gardener;Transport facility
Statement showing particulars of perquisites, other fringe benefits or amenities and profits in lieu of salary with value thereof501853/16/2015 9:48:46 PMyear : 8. Valuation of Perquisites : S. No. Nature of perquisites (see rule 3) Value of perquisite as per rules (Rs Total value of perquisites 19 695http://www.incometaxindia.gov.in/Forms/Income-Tax RulespdfFalsepdfFormIncome-tax Rules12BA{9cb610e6-fe06-4f0f-a1f8-6be8abb7512c}1381d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
“Salary”, “perquisite” and “profits in lieu of salary” defined3398728/27/2014 2:50:26 PMby such Government as increased by the value of furniture and fixtures in respect of the (d) value of the perquisites specified in this clause 9http://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/2014htmlFalsehtmActIncome-tax Act, 196117CHAPTER IVComputation of total income2014{13896cd1-2b32-4ec2-8593-d8603ef8120d}505101d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
​ Treatment of income from different sources 1281476/15/2017 8:29:56 AME. Arrear of Salary and relief Any allowance or perquisite paid or allowed by Government to its employees (an Indian b) Value of conveyance facilities including transport allowance 87http://www.incometaxindia.gov.in/Documents/Left MenuhtmlFalsehtmOthers{6da74bef-4aea-484a-a870-02587928d7dc}4271d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
"Salary", "Perquisite" and "Profits in lieu of salary" defined3048867/1/2014 4:21:50 PM(iv) any fees, commissions, perquisites or profits in lieu of or in addition to any salary (i) the value of rent-free accommodation provided to the assessee by his employer 173http://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/1967htmlFalsehtmActIncome-tax Act, 196117IVComputation of total income1967{13896cd1-2b32-4ec2-8593-d8603ef8120d}401781d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
Form for furnishing details of income u/s 192(2) for the year ending 31st March,....501843/16/2015 9:48:16 PMParticulars of value of perquisites and amount of accretion to employee's provident fund Value of rent-free accommodation or value of any concession in rent for the accommodation 470http://www.incometaxindia.gov.in/Forms/Income-Tax RulespdfFalsepdfFormIncome-tax Rules12B{9cb610e6-fe06-4f0f-a1f8-6be8abb7512c}1371d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
RULES FOR DETERMINING THE VALUE OF ASSETS1463187/19/2014 8:59:28 AMafter the 31st day of March, 1974, if the value so arrived at is lower than the cost of proviso shall not apply for determining the value of one house belonging to the assessee 67http://www.incometaxindia.gov.in/Acts/Wealth-Tax Act, 1957htmlFalsehtmActWealth-Tax Act, 1957Schedule IIIEMPTYEMPTY{13896cd1-2b32-4ec2-8593-d8603ef8120d}327091d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
Employees: Benefits allowable2326Salaried persons constitute a large chunk of total taxpayers in India and their contribution to total tax collection is substantial. The document includes brief introduction and tax treatment of various allowances and perquisites available to an employee, inter-alia, house rent allowance, gratuity, provident fund and so forth.9/7/2017 11:45:02 AMGovernment for allotment of houses shall be deemed to be the taxable value of perquisites House Property is taken on lease or rent by the employer, the perquisite value shall be 5172http://www.incometaxindia.gov.in/Charts Tables/Forms/AllItems.aspxhtmlFalsehtmCharts & Tables{26b89a4f-398f-430e-bccf-2f9843f0620c}571d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in