No, you are not required to include the tax amount on non-cash perquisites provided by your employer in your taxable income. According to Section 10(10CC) of the Income-tax Act, 1961, any tax paid by employers on non-monetary benefits is exempt from taxation in the hands of employees. This exemption specifically applies to taxes on non-cash benefits, ensuring they are not considered a part of taxable income for employees.
Should I include the tax amount on non-cash perquisites provided by my employer in my taxable income?
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