Medical reimbursement and Internet Charges taxable as FBT

buddy

reimbursement is something which is paid to the employees when and only when they incurr some expenses  and the same money is given to them.

hence reimbursement may change and it is never a fix amount or fix percentage

hope it will clear ur doubt

Medical Reim upto 15,000/- attract FBT

Internet Charges will no be liable for FBT 

Medical reimbursment upto Rs.15000 is liable to FBT.

Internet charges is also liable to FBT as only leased telephone line is exempt  as cbdt circular 8/2005

Actually, we provide data card to employee for field work, Paid data card charges thru centralized bill by company, should FBT will liable on same.

Upto 15000 is liable for FBT and tax free in the hands of employees. In excess of 15000 is the liability of employee for the financial year 2008-2009.

Therefore income tax dept is getting something under both situations.