Quiz for the week (15 Jun 2026) :
Ashok is a shop floor engineer of ABC Ltd., Mumbai. His salary for the financial year 2025-26 was Rs.16,60,000 and non-monetary perquisite of Rs. 4,40,000. He has not given any declaration as regards optional regime or default tax regime. The company has to bear tax on non-monetary perquisite. Compute the tax deductible at source by the employer for the salary income.
Share your thoughts on or before 22.06.2026.