The perquisites provided by the employer to the employee or any member of the household shall be chargeable to tax in the hands of employee. For the meaning of “household” it includes:
A. Spouse & Parents (whether or not dependent)
B. Children and their spouses (whether or not dependent)
C. Servants and dependents
D. All of the above
Answer:A
The perquisites provided by the employer to the employee or any member of the household shall be chargeable to tax in the hands of employee. For the meaning of “household” it includes:
A. Spouse & Parents (whether or not dependent) B. Children and their spouses (whether or not dependent) C. Servants and dependents D. All of the above