Education Reimbursement by employer

Dear All,

Whether Reimbursement of Education Expenses by employer is taxable to Employee ?
If yes, whether -


1.any tax concession is available to the employee ?
2. Any Maximum Limit is prescribed ?
3. Is Employer is liable to pay FBT ?

4. Will it be added into total income?

Thanks & Regards

Jitendra

Replies (3)

Its a case of "employees obligation met by employer"....hence taxable....

but does not attract FBT.

Originally posted by : sultan

Its a case of "employees obligation met by employer"....hence taxable....

but does not attract FBT.

YES AGREED                    

where is FBT now?

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