During the previous year, Barun received a watch worth ₹ 20,000 from his employer. The taxable value of the watch will be –
A. ₹ 20,000
B. ₹ 15,000
C. Nil
D. None of the above
Answer:B
During the previous year, Barun received a watch worth ₹ 20,000 from his employer. The taxable value of the watch will be –
A. ₹ 20,000 B. ₹ 15,000 C. Nil D. None of the above