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What is perquisites & tax-free prequisites?

Answer Posted / ravinder

# 2

the perquisites which is provided by the employer to his
employee which are not taxable in the hands of employer are
called tax free perquisites. Employee is liable to pay tax
on such perquisites are called tax free perquisites in the
hands of employer such as Rent free Accommodation,service
of gardners, sweepers,watchman etc.

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