When a company provides education facility to employees does the company get any reimbursement from the govt.for the same??
And if the company gets the reimbursement, whether the same is taxable income or not..??
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Education facility provided to employees by the company
Replies (3)
company will not get any reimbursement from govt.
if it is provided by a sceme of central or state govt. it will get reimbursement then it will be treated as revenue and charged to P&L A/c
Thank you sir..
| Originally posted by : Rajnikant Vadigoppula | ||
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company will not get any reimbursement from govt. if it is provided by a sceme of central or state govt. it will get reimbursement then it will be treated as revenue and charged to P&L A/c |
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Agreed
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