FBT on Medical Reiumbursement
This query is : Resolved
10 March 2009
Can Employer deduct the FBT from employee salary on account of payment made for medical reumbursement Rs.15,000 P A.
One of my friend's employer has deducted Rs.1000 as FBT from medical reiumbursemnt.IS it OK.Can salaried employee get the deduction from tax .
One of my friend's employer has deducted Rs.1000 as FBT from medical reiumbursemnt.IS it OK.Can salaried employee get the deduction from tax .
10 March 2009
No the employer should not deduct FBT from the employee salary
and the employee cannot get deduction from his salary tax
and the employee cannot get deduction from his salary tax
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