Wheather tel. expenses are exempt or not?
This query is : Resolved
CA Dhanesh Jangid
(Querist)
20 December 2012
A co. reimburse tel. expenses paid by its employee. Is it taxable or exempt?
And if Co. provides fixed cash 500 per month for tel expenses. Then will it taxable?
And if Co. provides fixed cash 500 per month for tel expenses. Then will it taxable?
Dintakurthi Tirumala
(Expert)
20 December 2012
Payment of fixed allowances taxable in the hands of employee. And reimbursement of expenses to employee is exempted in the hands of employee.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
20 December 2012
If company is collecting telephone bills as supporting then it amounts to reimbursement & also ceiling can be fixed for maximum payouts.
thanks
thanks
CA BHARATH KUMAR
(Expert)
24 December 2012
i agree with experts
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