Reimbursement of expenses- employees
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 October 2011
Hi All,
Reimbursement of telephone bills,food bills for late stay,other expenses that the employee first incurs and then gets reimbursed for does that attracts TDS on salary or any other tax applicability for the same.
Can someone please answer this
Thanks in advance.
Reimbursement of telephone bills,food bills for late stay,other expenses that the employee first incurs and then gets reimbursed for does that attracts TDS on salary or any other tax applicability for the same.
Can someone please answer this
Thanks in advance.
28 October 2011
tds and other tax liability are not arisen on the reimbursement of expenses to employees.
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28 October 2011
It may attract if employee is given the per diem allowance. the un-spent portion of the allowance will be taxed.
It is company's responsibility to deduct tax. You can save tax by producing the evidence that the whole amount has been spent
It is company's responsibility to deduct tax. You can save tax by producing the evidence that the whole amount has been spent
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28 October 2011
in your case TDS not applicable. because its not a part of salary
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28 October 2011
No TDS should not be deducted from this amount..because the amount re-imbursed is not exceeding the actual incurrence of expenses... Relax...
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