Children fee reimbursement
This query is : Resolved
31 July 2013
I got children fee reimbursement for my two children @rs 1250/- pm, amounting to rs 30000/- from govt. being govt. employee. Is this amount taxable?
Rupesh Jain
(Expert)
31 July 2013
yes, it is include in salary income
31 July 2013
but it is reimbursement against paid amount, so shouldn't it be fully tax exempted? otherwise under which section is it taxable? pl quote.
CMA Ramesh Krishnan
(Expert)
31 July 2013
Incase of children education allowance - exempted up to Rs.100 per month per child is exempted, maximum 2 children allowed
But the actual reimbursement of school fees by the employer is taxable perquisite in all case, whether Govt or Non Govt. ( Refer: Circular Letter No.35/7/65 dt:12.2.1965
But the actual reimbursement of school fees by the employer is taxable perquisite in all case, whether Govt or Non Govt. ( Refer: Circular Letter No.35/7/65 dt:12.2.1965
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