The electricity meter is in the name of the employee. The amount of bill which is ₹ 15,400 was reimbursed by the employer. The employee is not a specified employee. The amount taxable in the hands of the employee will be:
A. ₹ 15,400
B. Nil as he is not a specified employee.
C. ₹ 6,400
D. ₹ 5,400
Answer:A
The electricity meter is in the name of the employee. The amount of bill which is ₹ 15,400 was reimbursed by the employer. The employee is not a specified employee. The amount taxable in the hands of the employee will be:
A. ₹ 15,400 B. Nil as he is not a specified employee. C. ₹ 6,400 D. ₹ 5,400