Hi,
If a company reimburses its employees for 'hotel stay /guest house rent expenses' while on official tour, whether it is treated as persuisite taxable in employee's hands ? (i.e. provision of rent free furnished / unfurnished accomodation')
This 'stay' is not on account of transfer of employee ; but is just on account of temporary transfer to client location.
Also the stay may be for 4 - 6 months.
No.. It may not call as perquisite.As it was the official tour, for which the employee is incurring expenditure out of his pocket and getting them reimburse.
It is not taxable in the hands of employee.
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
CCI
Pro
CAclubindia
