The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of M/s. TCG Lifesciences Pvt. Ltd v. Income Tax Officer, held that the reimbursement of car running and maintenance charges paid to employees would constitute perquisite for which, the employer is liable to deduct tax at source (TDS) under the […]
The post Reimbursement of Car Running and Maintenance Charges to Employees amount to ‘ Perquisites ’, TDS Applicable: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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