CA Anil Jain
(Chartered Accountant)
(105 Points)
Replied 22 March 2017
Such reimbursement of telephone expenses needs to be added to the salary but is deductible u/s 17(2)(viii) read with Rule 3(7)(ix) being exempt perquisite. We need to show it on receipt basis and so, it doesn't matter when and how it is being received.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
