WebSection 17 (2) of the Income-tax Act, 1961 gives an inclusive definition of 'perquisite'. As per this section 'perquisite' includes: (i) the value of rent-free accommodation provided to the … Web29 Mar 2024 · Medical Facilities: As per proviso to Section 17(2) value of any medical treatment in any hospital maintained by the government or any local authority or approved by the Chief Commissioner of Income Tax shall be exempt up to a limit of Rs.15000/-Perquisites provided to an employee out of India for rendering services are exempt.
Old Tax Regime Vs. New Tax Regime 2.0 – A Quick Guide With …
Web11 Apr 2024 · Similarly, under the new tax regime, taxpayers can claim the benefit of employer contributions to their National Pension System (NPS) account under section 80CCD(2) of the Income Tax Act. Web2 Feb 2024 · Meaning of Salary as Per Section 17 (1) As per the provision Section 17 (1), the term ‘salary’ refers to the monetary remuneration received by an employee from their employer. This could be provided as –. Wage – A sum of money payable by the employer as per the terms of the employment contract in return for the services rendered by the ... midland canada tracking
Medical Reimbursement : Exemption & Claim - Learn by Quicko
Webboxes 17 and 18 of the ‘Other UK income’ section on page TR 3 of your tax return boxes 1 and 2 of the ‘Other information’ section on page Ai 3 of the additional information (2024) pages Web2 Feb 2024 · Section 17 (2) of the Income Tax Act clarifies the terms ‘perquisites’ receivable by an employee from their employer. There are two kinds of perquisites – monetary and … WebGet access to the latest Income from SALARIES:- Sec 17(2)- PERQUISITES (Part 1) (In Hindi) prepared with CA Foundation course curated by Raghav Wadhwa on Unacademy to prepare for the toughest competitive exam. ... Income from SALARIES:- Section- 17 of Income Tax Act, 1961 (In Hindi) 15:00mins. 16. Income from SALARIES:- EXEMPTIONS- Sec 10(10 ... midland camera goggle mounts