07-28-2010, 09:26 PM
<b>13. Value of perquisites.-</b>
(13) Where, in a tax year, an employer has provided an employee with a perquisite which is not covered by sub-sections (3) through (12), the amount chargeable to tax to the employee under the head âSalaryâ for that year shall include the fair market value of the perquisite, 3[except where the rules, if any, provide otherwise,] determined at the time it is provided, as reduced by any payment made by the employee for the perquisite.
Insurance k liye Sub-Section 13 of Section 13,
<b>THE SECOND SCHEDULE (139) (a) </b> The benefit represented by free provision to the employee of medical treatment or hospitalization or both by an employer or the reimbursement received by the employee of the medical charges or hospital charges or both paid by him, where such provision or reimbursement is in accordance with the terms of employment
Provided that National Tax Number of the hospital or clinic, as the case may be, is given and the employer also certifies and attests the medical or hospital bills to which this clause applies;
(b) any medical allowance received by an employee not exceeding ten per cent of the basic salary of the employee if free medical treatment or hospitalization or reimbursement of medical or hospitalization charges is not provided for in the terms of employment; or
Ab mera question ye hay k, Contract of employment 1 hi bany gay a 2 bany gay,
1 contract may likha jaye ga k employee ko medical charges reimbursement karyn gay or dosry may likha jaye ga k nahi karyn gay medical charges reimbursement or medical allowance dayngay.
Ham apni marzi say reimbursement ko medical allowance may convert nahi kar sakty han, ye hamari marzi nahi balky terms of employment par depend karta hay.
(13) Where, in a tax year, an employer has provided an employee with a perquisite which is not covered by sub-sections (3) through (12), the amount chargeable to tax to the employee under the head âSalaryâ for that year shall include the fair market value of the perquisite, 3[except where the rules, if any, provide otherwise,] determined at the time it is provided, as reduced by any payment made by the employee for the perquisite.
Insurance k liye Sub-Section 13 of Section 13,
<b>THE SECOND SCHEDULE (139) (a) </b> The benefit represented by free provision to the employee of medical treatment or hospitalization or both by an employer or the reimbursement received by the employee of the medical charges or hospital charges or both paid by him, where such provision or reimbursement is in accordance with the terms of employment
Provided that National Tax Number of the hospital or clinic, as the case may be, is given and the employer also certifies and attests the medical or hospital bills to which this clause applies;
(b) any medical allowance received by an employee not exceeding ten per cent of the basic salary of the employee if free medical treatment or hospitalization or reimbursement of medical or hospitalization charges is not provided for in the terms of employment; or
Ab mera question ye hay k, Contract of employment 1 hi bany gay a 2 bany gay,
1 contract may likha jaye ga k employee ko medical charges reimbursement karyn gay or dosry may likha jaye ga k nahi karyn gay medical charges reimbursement or medical allowance dayngay.
Ham apni marzi say reimbursement ko medical allowance may convert nahi kar sakty han, ye hamari marzi nahi balky terms of employment par depend karta hay.
