A company has provided laptop worth ₹50,000 to its employee for official as well as personal purposes. The taxable amount of perquisite will be —

CS Executive · Tax Laws and Practice · PYQS · December 2016
A company has provided laptop worth ₹50,000 to its employee for official as well as personal purposes. The taxable amount of perquisite will be —
(A) ₹5,000
(B) ₹25,000
(C) ₹10,000
(D) Nil.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax

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