Is car maintenance or petrol reimbursement on fixed basis taxable for F. Y. 2010-11in the hand of employees
Menu
Petrol reimbursement
Replies (1)
If petrol reimbursement is given as fixed amount every month then it would be considered as conveyance allowance and will be included in salary income.
Therefore TDS will be applicable as applicable to Salary.
Recent Topics :
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
Related Topics :
CAclubindia
