217(2A)

2.00 lacs p.m /24.00 lacs p.a.

Reimbursement include----YES

Hi

Ankur is right.

If you read section 217 (2A) (a) i and ii  either employee salary during the financial year is more than Rs. 24 lac p.a. or Rs. 2 lac per month it is required to give disclosure in Directors' Report.

Regards  

Thanks Ajay Ji for substantiating my answer.

I understand that some companies do not include certain reimbursements such as telephone bills, gift vouchers for the purpose of remuneration. Is this practice right? Learned members like Ankur and Ajay can share their views.