Fixed allowances given to employees/ profeesionals

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Gaurav Singhvi (Querist)
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16 December 2009 As per management policy employees/ professionals are given fixed telephone expenses and fixed food expenses. The employees/ professionals does not provide any supporting of bill while claiming the expense. Whether it is allowable as per income tax laws without any supporting and only on the basis of voucher stating telephone expense and food expense. What is the alternative solution if it is not allowable as per policy.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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20 December 2009 Your Question is not clear

If it is the fixed allowance - It is covered under payroll & pay slip monthly payment

If it is Reimbursement - Should always along with supporting bills other wise the expenses will be disallowed

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