Proof submission for income tax purpose
This query is : Resolved
14 March 2012
Dear Sirs/Madam
We submit Medical Bills (Rs.15,000, Travel Bill (Rs.20,000, NSC, LIC, PPF payment receipts to our employer out of above which bills needs to be submit in original & which one in xerox. Please advise
Also give me Income tax reference for the same
In our company we accepts xerox for all bills but some of feel that we need to take original for medical/travel biils since they may be misused
Sanjay
We submit Medical Bills (Rs.15,000, Travel Bill (Rs.20,000, NSC, LIC, PPF payment receipts to our employer out of above which bills needs to be submit in original & which one in xerox. Please advise
Also give me Income tax reference for the same
In our company we accepts xerox for all bills but some of feel that we need to take original for medical/travel biils since they may be misused
Sanjay
14 March 2012
The medical and travel bills are to be submitted in orignal.
NSC, LIC and PPF to be submitted in xerox.
NSC, LIC and PPF to be submitted in xerox.
14 March 2012
are you aware about notification no for the same
14 March 2012
As such there is no notification. Proofs of investment are always submitted in xerox as you may need them in the future.
Proofs of exepnses are normally submitted in original as evidence of the expenditure actually being incurred.
However, some employers also accept xerox copies of medical bills and travel bills.
What exactly is your concern? Are you facing any problem?
Proofs of exepnses are normally submitted in original as evidence of the expenditure actually being incurred.
However, some employers also accept xerox copies of medical bills and travel bills.
What exactly is your concern? Are you facing any problem?
14 March 2012
In our company we accepts xerox for all bills but some of feel that we need to take original for medical/travel biils since they may be misused
14 March 2012
Yes that is a concern for many employers, especially with regard to medical bills. An employee may claim the same expense from the employer as well as the insurance company.
You can insist on obtaining original bills.
You can insist on obtaining original bills.
Message likes :
1 times
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
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- TDS ON CASH WITHDRAWALS...
- Query regarding TDS on EPFO Higher Pension Arrears*
- Bank accounts of Non resident
- ITR Filing Requirement for Partnership Firm Registered but Business Not Commenced
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
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
