Fixed reimbursement amount are taxable

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 February 2014 Dear Sir,

My client is ROR working (deputed as Project Manager) in India and paid by foreign (Belgium) Employer for Project coordination Work

To file his return I understood that I have to use ITR-2 and use column of TA_FA & FSI and get tax credit on tax paid in Belgium by his employer.

My questions

He is getting Fixed Reimbursement amount for his travelling from home to office, same is mentioned in nontaxable amount in pay slip. Can he consider the same amount nontaxable in India?

Regards,
Pranali

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

20 February 2014 the actual travelling exp is not taxable if anything above is rec for same then that excess is taxable.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

24 February 2014 These are my taxi allowance for every office day, paid by my company. shall keep bills of same?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Jitin Aditya Kapur

Avisha Sinha

Nilesh Manek

AGNIHOTRAM RAM NARAYANA

Soumitra Patra

Subscribe Now

Fixed reimbursement amount are taxable

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA