Fixed Reimbursment of Expences
This query is : Resolved
23 September 2009
if employer givng fixed reimbursment Expences allowance is it taxable to employee while calculating tax liability
CA. B.SRINIVASULU
(Expert)
23 September 2009
Fixed allowance is taxable. Or if fixed allowance is given and the difference between actual and given is taken back or additional is given then it becomes perquisite.
CA CHINTAN AJMERA
(Expert)
23 September 2009
Agree with expert
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