Income tax rates on relocation allowance

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2014 Dear Sir,

Is there any Income Tax on the relocation allowance reimbusement i.e. reimbursement of expenses incurred on moving household items & personal vehicles from one state to another because of change of job (relocation).This will be reimbursed against the bills submitted by me towards payment made to the transporter (Packers & Movers).

If there is no Income Tax levied on this particular expense reimbursement, than, please advise the Income Tax rule applicable for exlusion. This will really help in taking up the case with the concerned department in the new organisation.

Thanks,

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2014 Hi Members,
Psl help as I would be paying up taxes on notional income (actually expenses), as such.

Thanks!

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