Sign In
x

The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.

The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts.

Continue >
ask 1800 180 1961/ 1961

​​​​​​​​​​​​​​​​​​​​​

 

 

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 82http://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
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 12http://www.incometaxindia.gov.in/Tutorials/Forms/AllItems.aspxpdfFalsepdfTutorial{903058ee-bf1e-4514-bbd4-e628472da78b}821d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
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 14http://www.incometaxindia.gov.in/Tutorials/Forms/AllItems.aspxpdfFalsepdfTutorial{903058ee-bf1e-4514-bbd4-e628472da78b}831d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
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 54http://www.incometaxindia.gov.in/Forms/Income-Tax RulespdfFalsepdfFormIncome-tax Rules12BA{9cb610e6-fe06-4f0f-a1f8-6be8abb7512c}1381d5e35f4-95b1-4705-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 http://www.incometaxindia.gov.in/Documents/Left MenuhtmlFalsehtmOthers{6da74bef-4aea-484a-a870-02587928d7dc}4271d5e35f4-95b1-4705-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 3http://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
“Salary”, “perquisite” and “profits in lieu of salary” defined3290176/13/2014 4:08:11 PM(vi)  the annual accretion to the 77( i)  the value of rent-free accommodation provided to the assessee by his employer (d)  value of the perquisites specified in this clause http://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/2009htmlFalsehtmActIncome-tax Act, 196117Chapter IVCOMPUTATION OF TOTAL INCOME2009{13896cd1-2b32-4ec2-8593-d8603ef8120d}4241d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
"Salary", "perquisite" and "profits in lieu of salary" defined3240975/26/2016 8:22:18 AMby such Government as increased by the value of furniture and fixtures in respect of the (d) value of the perquisites specified in this clause http://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/2016htmlFalsehtmActIncome-tax Act, 196117CHAPTER IVComputation of total income2016{13896cd1-2b32-4ec2-8593-d8603ef8120d}562581d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
“Salary”, “perquisite” and “profits in lieu of salary” defined3304606/13/2014 7:51:58 PM(vi)  the annual accretion to the 37( i)  the value of rent-free accommodation provided to the assessee by his employer (d )  value of the perquisites specified in this clause http://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/2007htmlFalsehtmActIncome-tax Act, 196117Chapter IVCOMPUTATION OF TOTAL INCOME2007{13896cd1-2b32-4ec2-8593-d8603ef8120d}258191d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in
“Salary”, “perquisite” and “profits in lieu of salary” defined3265586/13/2014 8:29:15 PM(vi)  the annual accretion to the 59( i)  the value of rent-free accommodation provided to the assessee by his employer (d)  value of the perquisites specified in this clause http://www.incometaxindia.gov.in/Acts/Income-tax Act, 1961/2008htmlFalsehtmActIncome-tax Act, 196117Chapter IVCOMPUTATION OF TOTAL INCOME2008{13896cd1-2b32-4ec2-8593-d8603ef8120d}292251d5e35f4-95b1-4705-ad33-f92c024fd01chttp://www.incometaxindia.gov.in