Hi all,
If education fees for my child is reimbursed by the company in which I'm working, will that become part of my salary? or it will be taxable in the hands of Company?
| Originally posted by : Mahaveer Kumar | ||
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@ cma poornima what is the threshold limit for such reimbursement? |  |
It is just 1k pm per child (as good as no exemption).
For more refer rule 3(5): https://www.incometaxindia.gov.in/pages/rules/income-tax-rules-1962.aspx
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
