If Fixed Allowance per month reimbursed to employee in cash ( Other than Salary Allowance), is it liabile to Tax?
If Fixed Allowance per month reimbursed to employee in cash ( Other than Salary Allowance), is it liabile to Tax?
DEPENDING ON ITS NATURE ..IT'LL TAXABLE
Hi
If You get bills as supporting, then it is not taxable, else it is taxable.
Thanks
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
