Following perquisites are taxable for all employees

  • Rent Free Accommodation provided to employee
  • Accommodation at Concessional Rent provided to employee.
  • Obligation of employee paid by employer (Domestic Servant paid by employee but employer reimburses the salary)
  • Amount paid by employer to affect assurance on life of assessee or to effect contract of annuity (except approved funds like Recognized provident fund, Super Annuation Fund etc
  • Value of any specified security or sweat equity shares given by employer or former employer free of cost or at concessional rate
  • Contribution to Super Annuation fund > 1 lacs
  • Value of any other benefit as may be prescribed
  1. Income Tax
  2. Income from Salaries
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About the Author

Davneet Singh's photo - Teacher, Computer Engineer, Marketer
Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 8 years. He provides courses for Maths and Science at Teachoo. You can check his NCERT Solutions from Class 6 to 12.