What benefits can included in list for the employee should not be treated as perquisites?
Some of the following items will not be included under the head of Salaries
- Value of any medical treatment provided to an employee or any member of his family in any hospital maintained by the employer.
- The sum paid by the employer in respect of any expenditure actually incurred by the employee on his medical treatment or treatment of any member of his family:
- Premium which was borne by an employer in relation to an employee, to effect or to keep in force an insurance on the health of the employee or member of his family under any scheme approved by the Central Government or the Insurance Regulatory and Development Authority.
- Any sum paid by the employer in respect of any expenditure actually incurred by the employee on his medical treatment or treatment of any member of his family not exceeding fifteen thousand rupees in the financial year.
- Any expenditure incurred by the employer or paid by the employer to the employee in respect of:
Medical treatment of the employee, or any member of the family of such employee, outside India.
Travel and stay abroad of the employee or any member of the family of such employee for medical treatment.
Travel and stay abroad of one attendant who accompanies the patient in connection with such treatment, subject to the condition that the expenditure on medical treatment and stay abroad shall be excluded from perquisite only to the extent permitted by the Reserve Bank of India; however, the expenditure on travel should be excluded from perquisite only in the case of an employee whose gross total income does not exceed two lakh rupees.