UNIFORM ALOWANCE
This query is : Resolved
07 August 2007
providing fixed amount as Uniform allowance to the employees is better or reimbursement of the uniform expenditure better from the employer point of view for thepurpose of tax benefit?
further is there any way to rule out FBT on the uniform allowance?
further is there any way to rule out FBT on the uniform allowance?
08 August 2007
From the view of employer,
Better to pay allowance to Employees. Bcoz He need not pay tax on such exp.
If he gives reimbursement, It'll be taken as employee welfare and FBT to be paid by employer.
So, Better to Pay alllowance.
If you pay allowance, It'll fall under the head salaries. It's not FBT'ble.
Better to pay allowance to Employees. Bcoz He need not pay tax on such exp.
If he gives reimbursement, It'll be taken as employee welfare and FBT to be paid by employer.
So, Better to Pay alllowance.
If you pay allowance, It'll fall under the head salaries. It's not FBT'ble.
08 August 2007
ANy allowance to meet the expenditure for purchase or maintenance of Uniform wear during performance of duty of an Office is exempted.
Similarly if uniform is statutorily given to every employee, it will not be liable to FBT.
So Uniform expenses are liable to Income Tax in the hand of employee or liable to FBT if not incurred actually for Official purpose.
Similarly if uniform is statutorily given to every employee, it will not be liable to FBT.
So Uniform expenses are liable to Income Tax in the hand of employee or liable to FBT if not incurred actually for Official purpose.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- DIN reactivation
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- GST rate and HSN code for sale of racing horses
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
