IF the co is bearing all the travelling expenses of employee then what type of benfit the employee can get in his return??
Menu
Reimbursement of travelling exp
Replies (5)
Conveyance upto 800/- pm is exempt.
agree with above
Same ans.
No as such benefits available.
travelling allowance 800/pm agreed.
I guess allowance and reimbursements are different..
If u r being reimbursed by employer for travelling expenses it is allowable to employer as deduction and is a non taxable perquisite in hands of employee..
Hence it is used as a component in salary structure as a measure of tax planning..
Recent Threads
- Partners Remuneration TDS
- Free Tool: Match Purchase Register with GSTR-2B in
- TDS : Builder - PAN No change
- Turnover limit for composition dealer in gst
- My client purchases Rs. 3 crores and his turnover
- Regarding CA foundation Exemption (Direct Entry Sc
- CFSS Scheme
- Transfer of ITC from individual to LLP
- Query of Goodwill
- Remuneration to Partners
Related Threads
CAclubindia
