08 February 2017
employees purchased mobile and the bill is name of employees and employer reimburse the expenses . can anyone help me in treating these mobile phone in books of accounts and taxability in the hands of employees ??
08 February 2017
Hi Vipin, The cell phone bill reimbursement is given by the company as its being used by the employee to discharge his official duties. Any such reimbursement of expense which an employee incurs in course of his services is exempt in hands of employee.
09 February 2017
the mobile phones are provided to all employees for promoting cashless transaction. as mobile phone is also used by employee for personal use(employees do cash less transaction only for his personal use employees don't do any cashless transaction on behalf of employer except the finance department) can it be taxable perquisite as it is clear it is used for personal purpose?
CAclubindia
