Tax on reimbursement expenses

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ATUL (Querist)

17 November 2017 Dear All Good day 1.)My CTC is 50000/-pm in which (Basic is 30000, Hra is 10000, Other Allowance is 2000 + Conveyance Reimbursement Expense 8000). 2.)Company gives two cheque first as salary(Rs 42000) and second as Conveyance Reimbursement Expense(Rs 8000) so my querry is that theses Conveyance Reimbursement Expense 8000 consider as part of my income if no then how?

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

17 November 2017 Check what the company is doing for TDS purpose.If included for TDS then it will be part of salary.

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RAJA P M

RAJA P M (Expert)

17 November 2017 Yes... i Agreed to Mr. CA R SEETHARAMAN Sir.,

The company is deduct TDS include the conveyance then you ll be calculate it's your salary. If not, they ll be booked as Conveyance in books of accounts then it's not your salary...

As per your query (Two payment cheque).,
In my view it's not your Salary...

ATUL

ATUL (Querist)

18 November 2017 Dear All
Good Day

I agreed with your prompt reply.
but want to be clear two point:
1.) May I need any certificate/ bill copy from my employer to justify any income tax notice.
2.) Is this necessary conveyance expenses must be reimbursed with separate cheque or in with salary payment cheque

Regards
Atul Kumar

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

18 November 2017 1 To justify income tax notice you have to prove that this expenses in not for traveling from home to office but for performing official duty.
2 Separate cheque to be issued against reimbursement claim with some supporting documents.

ATUL

ATUL (Querist)

21 November 2017 Dear Sir

very very thanks to clear this point.

Regards
Atul Kumar
M-7206504261

RAJA P M

RAJA P M (Expert)

21 November 2017 You are welcome Dear

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