Pl let me know whether any amount claimed from the employer as reimbursement of expenses like conveyance, travelling , staff welfare, entertainment with proper supportings and paid with salary in cheque are exepmt or not?
Pl let me know whether any amount claimed from the employer as reimbursement of expenses like conveyance, travelling , staff welfare, entertainment with proper supportings and paid with salary in cheque are exepmt or not?
Reimbursement of Expenses with proper supporting is fully exempted
Dear Pramod,
Conveyance and ttravelling expenses if totally incurred for business purpose and then re-imbursed by the employer are not perquisites and are not chargeable to tax.If the same is for personal use then it is chargeable to tax.Entertainment allowance is exempt only in the case of government employees.It is taxable in the hands of all other employees.
Agree with Fatema
Fatema is right.
Agree with Fatema.
Dear Mr. Pramod,
Please clarify, whether this amount is fixed? If it fixed, then whatever way you say (allowance or re-imbursement) it will be taxable
fatema is right
Agree with fatema & sneha
ya sneha amt is fixed @ rs.15000/- per month voucher will be of higher amt different amt every month
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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