Earlier Rules:Not taxable where travel for official purposes.

Where such expenses are borne or reimbursed by employer for any holiday other than leave travel allowanceavailed by employee or member of his house, amount incurred by employer.

Where such facility is maintained by employer and is not available uniformly to all employees, value at which suchfacilties are offered by other agencies to the public.

Where employee is on official tour and expenses are incurred in respect of any member of his houseaccompanying him, amount of such expenses.

Where official tour is extended as a vacation, value shall be limited to expenses incurred in relation to such extended period of stay or vacation

Movable Asset :
Where any movable asset (other than motor cars or laptops or computers) belonging to employer or hired by himfor the use of employees or any member of hishousehold.

Where any movable asset belonging to employer are transferred to employee directly or indirectlyor any member of his household.

In case of computers and electronic items.

In case of motor cars.

Value shall be determined @ 10% p.a. of actual cost of such asset or amount of rent or charge paid or payable by employer.

Actual cost of asset to employer as reduced by normal wear and tear @ 10% of such cost for each completed year during which asset was put to use by employer.

Actual cost to employer as reduced by normal wear and tear @ 50% by reducing method.

Actual cost reduced by normal wear and tear @ 20% by the reducing method.

Earlier Rules:Tax may be computed on the written down value at which the asset istransferred as reduced by the amount recovered from the employee.

Amount spent by employer for free or concessional educational facilties for any member of employee's household is taxable.

Education facilties to employee's family members in institution maintained by employer or in any other, educational institution by reason of his being inemployment of that employer . Cost of education in a similar institution in or near the locality shall be the amount ofperquisite.

Earlier Rules:
Reimbursement of expenditure incurred for education of family members of employee is fully taxable.

Where expenses are incurred wholly and exclusively for official purposes, the amount is not taxable provided the following conditions are fulfilled:

• complete details in respect of expenses including the dateand nature of expenses, are maintained;
• a employer gives a certificate that expenditure is incurred wholly and exclusively for performance of official duties;

The amount of expenses including membership fees and annual fees incurred by the employee or member of his household charged to a credit card including add-on card,provided by employer or otherwise, paid for or reimbursed by employer shall be taken as value of perquisite.

Earlier Rules:
Taxable where used for private purposes.

If such expenditure is incurred wholly and exclusively for business purposes, the amount is not taxable and the followed conditions are fulfilled:

• complete details in respect of expenses including the datenature of expenses and its business expendiency, are maintained;
• the employer gives a certificate that the expenditure
  is incurred wholly and exclusively for performance of official duties.

Where use of health club, sports and similar facilties are provided uniformly to all employees by the employer, no amount is taxable.

Earlier Rules:
Club Membership provided to an employee by the employer purely for business purposes may not be considered as taxable in the hands of employees.

Actual amount of expenditure including annual or periodical fee or incurred by employee or by any member of his household.

Where corporate membership of club is obtained by employer, which is enjoyed by employee or any member ofhis house, value of perquisite shall not include initial fees paid for acquiring corporate membership.

Where Employer at its option pay tax on the whole or part value of
perquisite (not provided for by way of monetary payments), on behalf an
employee, without making any deduction from the income of the
employee, such amount of tax so paid by employer shall not be treated
as perquisite in the hands of the employee.

The tax if borne by employer on the remuneration of technician, shall now be taxable in the hands of such technician.

Earlier Provisions:
The tax so borne by employer was not included in the computation of
total income of technician and thus was exempt from tax.

The amount of passage money etc. so provided to the employees
shall be taxable.

Earlier Provisions:
Exemption from tax was available in respect of passage moneys, etc.