A employer provides some reimbushment as a part of salary ie. petrol reim., mob. reim..
are these reimbursements will be taxable even after providing the doc. of petrol & mob. payment slips by employee
JANMEJAI GAUR (Asst. Manager -Accounts) (52 Points)
21 March 2011A employer provides some reimbushment as a part of salary ie. petrol reim., mob. reim..
are these reimbursements will be taxable even after providing the doc. of petrol & mob. payment slips by employee
AVIJIT
(CA FINALIST)
(370 Points)
Replied 21 March 2011
As far i think If the fuel is used for personal purpose then it will be taxable in the hands of employee but if its for office purpose then it will not be taxable.
ankit singhal
(student)
(123 Points)
Replied 21 March 2011
Dear Janmejai
The reimbursement of Petrol expenses pr Mobile Expenses including a mobile phone actually incurred by you on behalf of your employer is not taxable in your hands.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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