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New perquisite valuation rules

In the Finance Act 2009 FBT was abolished. Consequently all perquisites were to be taxable in the hands of employees. The perquisite valuation rules have been notified by the CBDT vide Notification No94 dated 18 -12-2009. CBDT has amended Rule 3 in respect of valuation of perquisite. .

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Periodical fee - PowerPoint PPT Presentation

New perquisite valuation rules