If loan granted by employer to employee does not exceed …………., it is not treated as perquisite to employee for purpose of income tax.
A)` 20,000
B)40,000
C)` 30,000
D)` 25,000

Question

Quizplus · Accepted Answer

The Answer of If loan granted by employer to employee does not exceed …………., it is not treated as perquisite to employee for purpose of income tax.
A)` 20,000
B)40,000
C)` 30,000
D)` 25,000

If Loan Granted by Employer to Employee Does Not Exceed