Per Diem Savings Taxable

Dear Sasi,

Unutilized per diem allowance is taxable.....or as u have said "saving" from per diem......

U r rite that it is not possible to get bills/supportings of each n every expenditure. therefore the self declaration would do in such cases but again this practical difficulty should not be taken as exception to the rule....And supportings/bills should be preserved in respect of majority of expenditures......

Generally its the employers policy which decides I mean some employers ask for bills for at least 80% of total expenditure, etc

So, No requirement that bills should be available for each item of expense but u have u establish a fact so keep that in mind...............