If a domestic servant is engaged by the employer and salary is paid by him, the perquisite is

Related MCQs

• An employer has paid medical insurance premium of Rs. 12,000 in respect of a salaried employee drawing annual salary of Rs. 6 lakhs. The amount of perquisite charged in the hands of employee is
• When employer contributes to approved superannuation fund it is chargeable to tax as perquisite when the contribution exceeds-
• Taxable value of perquisite being sweat equity shares allotted by the employer is:
• While computing TDS on salary paid to employees, the losses given below to the applicable extent would be considered by the employer:
• Mr. Ramji is employed in ABC Ltd. who maintained a hospital for treatment of employees. During the financial year 2015-16, the value of medical benefit availed by Ramji’s family from the hospital was Rs. 2,10,000. The amount of medical perquisite chargeable to income tax would be
• Net salary after deducting tax at source Rs. 10,000 is Rs. 2,50,000 .The amount of taxable salary is:
• Deduction u/s 80CCC allowed to an individual for amount paid by him in an annuity plan of LIC is restricted to
• Seshan, a retired civil servant received monthly pension of Rs. 60,000 during the previous year 2018-19. The amount of pension liable to tax after standard deduction would be Rs. ________.
• New plant and machinery acquired and put to use by an assessee engaged in transmission of power is eligible for additional depreciation at ____ of actual cost.
• Dividend received by a shareholder of an Indian Company engaged in growing and manufacturing of tea shall be treated as: