Reimbursement of expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 March 2012 hi,
can company reimbursed employee children foreign education expenses. if reimbursed then there is any limit.

and which expenses company can reimbursed.

11 March 2012 Reimbursement of Education expenses of the family members of the employee, is taxable as a perquisite in hands of employee. Cir No.35/7/65-IT(B) Dt:12.2.65


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