Mr. Ravi employed in Cotton India Ltd as accounts manager. The employer paid ₹ 1,60,000 as contribution to approved superannuation fund to benefit the employee Ravi. The amount of such contribution liable to tax as perqu
CS Executive · Tax Laws and Practice · PYQS · December 2017
Mr. Ravi employed in Cotton India Ltd as accounts manager. The employer paid ₹ 1,60,000 as contribution to approved superannuation fund to benefit the employee Ravi. The amount of such contribution liable to tax as perquisite in the hands of Mr. Ravi is:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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