Transport reimbursement to newly joined employee
This query is : Resolved
23 December 2008
We have reimbursed Rs. 15,000/- to a newly joined employee for the transportation of his furniture from Mumbai to Ahmedabad (Last company to joining location). Will this expenses be liable to FBT?
23 December 2008
DEBIT IT TO TRANSPORT & PREPARE A VOUCHER ACCORDINGLY. FBT CAN BE SAVED.
CHANDRAKANT AMBANI
BOMBAY
9819408963 / 9821240674
CHANDRAKANT AMBANI
BOMBAY
9819408963 / 9821240674
24 December 2008
any other view?
24 December 2008
Since it is reimbursement to employee and it is tax free in the hand of employee. It is liable to FBT.
Regards,
Sandeep Aggarwal
Regards,
Sandeep Aggarwal
25 December 2008
in which section/head of FBT, it will come?
23 June 2023
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