Fuel reimbursement

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CA Sumit Arora (Querist)
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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

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 March 2015 how exp is taxable??????????

CA Sumit Arora

CA Sumit Arora (Querist)
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24 March 2015 Sir,

Fuel reimbursement is a part of salary.

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Rupesh Jain

Rupesh Jain (Expert)
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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.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 March 2015 to the extent they have spent there is no amount taxable.

Ki$hor B

Ki$hor B (Expert)
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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.