Perquisite is defined as any casual emolument or benefit attached to an office or position in addition to salary or wages. “Perquisite” includes:
In terms Notification No. 94/2009/ F.No.142/25/2009-S O (TPL), dated 18-12-2009, for the purpose of computing the income chargeable under the head Salaries with effect from 1st April 2009, the value of perquisites provided by the employer directly or indirectly to the assessee (hereinafter referred to as employee) or to any member of his household by reason of his employment shall be determined....
Link1:
http://multiutils.com/itax/itinfo3.htm
Link2:
http://law.incometaxindia.gov.in/TaxmannDit/DispCitation/ShowCit.aspx?fn=http://law.incometaxindia.gov.in/DitTaxmann/Notifications/IncomeTaxAct/2009/Not94_2009.htm
Direct Download of Circular:
http://multiutils.com/itax/perquisite.doc
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