Perquisites - Education Facility - Rule 3(5)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ost of such education or the value of such benefit Does not exceed 1,000 p.m. per children Taxable Value is Nil Does exceed 1,000 p.m. per children Taxable Value is = Cost of such education in a similar institution in or near the locality Less: 1000 p.m. per children Less: Amount paid or recovered from the employee to the member of his household (other than employee s own children) Taxable Value i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X