Fuel reimbursement
This query is : Resolved
CA Sumit Arora
(Querist)
24 March 2015
Hello All,
Will fuel reimbursement be taxable in the hands of employee even if he submits the bills to the employer.
Regards
Sumit Arora
Will fuel reimbursement be taxable in the hands of employee even if he submits the bills to the employer.
Regards
Sumit Arora
24 March 2015
how exp is taxable??????????
CA Sumit Arora
(Querist)
24 March 2015
Sir,
Fuel reimbursement is a part of salary.
Fuel reimbursement is a part of salary.
Rupesh Jain
(Expert)
24 March 2015
if it is for company work then its not taxable.
if it is for the personal exp. then its taxable as perquisites in hand of employee.
if it is for the personal exp. then its taxable as perquisites in hand of employee.
24 March 2015
to the extent they have spent there is no amount taxable.
24 March 2015
Hi,
Fuel reimbursements that are components of salary are not taxable provided receipts are submitted.
Where fuel receipts are not submitted then TDS is deducted and the net amount is paid to the employee.
Fuel reimbursements that are components of salary are not taxable provided receipts are submitted.
Where fuel receipts are not submitted then TDS is deducted and the net amount is paid to the employee.
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- 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?
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
