Form 12BA
This query is : Resolved
Yogesh. B.K.
(Querist)
13 May 2010
Sir,
We are paying following Reimbursements to our employees as a part of Salary
1)Medical Exps. Reimb
2)Vehicle Exps reim (Private use only) 3)Telephone Exps Reimb (Private Use)
4)News paper Exps Reimb
5)Cooking gas exps. (Exps by Employee)
6)Servent/Driver Exps Reimb.
7)Electricity Exps Reimb.(Exps by Employee)
All the above reimb. are expenses incured by employee & after submitting exps voucher we reimbursed the same.
Now my question is weather it is necessary to give Form 12BA along with Form16
& if necessary then Pl. do tell me Value of above perq. as per rules.
We are paying following Reimbursements to our employees as a part of Salary
1)Medical Exps. Reimb
2)Vehicle Exps reim (Private use only) 3)Telephone Exps Reimb (Private Use)
4)News paper Exps Reimb
5)Cooking gas exps. (Exps by Employee)
6)Servent/Driver Exps Reimb.
7)Electricity Exps Reimb.(Exps by Employee)
All the above reimb. are expenses incured by employee & after submitting exps voucher we reimbursed the same.
Now my question is weather it is necessary to give Form 12BA along with Form16
& if necessary then Pl. do tell me Value of above perq. as per rules.
CMA Ramesh Krishnan
(Expert)
13 May 2010
In Form 12BA we need to disclose only the taxable value of the perquisites after considering exemptions
Yogesh. B.K.
(Querist)
14 May 2010
Thank You sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
