Non Salarycomponents

1344 views 1 replies

Hi

My company use to pay me my compensation as monthly fixed salary (taxable) and reimbursement (against bills) on the following heads

Drivers Salary Reimbursement

Vehicle Running & Maint.

Reimbursement of Fuel Exp

Sodexo Meals Coupns

Telephone Bill Expenses

Now my question is whether I can continue to get the same from my employer as they do not pay FBT any more. 

Whether these components will be added back to my taxable Income?

Regards

Bala

Replies (1)

yes as now FBT is not apllicable now.....

these all the reimbursement will be counted in your taxable income as perquisits from employer

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