banner_ad

Reimbursement

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 February 2010 conveyance reibursement can be taxable in individual hands after the abolition of fbt. now if we are regularly paying the fixed conveyance reimbursement to our employee then how can we save the employee by not getting him tax in perquisites valuation.
Profile Image

CA Vijay Kumar Gupta

Profile Image

CA Vijay Kumar Gupta (Expert)
24 February 2010 paying the fixed conveyance reimbursement is covered under conveyance allowane and excess of Rs. 800/- p.m. is taxable in the hands of employee.
Profile Image

Samir Agarwal

Profile Image

Samir Agarwal (Querist)
24 February 2010 thanks Mr Gupta, but how can we save this amount to be taxed in employee hand.

can we pay reimbursement to employee with a ceiling limit difine for each employee and fix it only for official purpose then also is it liable to be taxed in employees hand.
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
24 February 2010 Conveyance reimburement or allowance both are taxable to the extent of offical usage.Rs.800 exemption available only for transport allowance
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details