Reimbursement of travelling exp

Tax planning 571 views 5 replies

IF the co is bearing all the travelling expenses of employee then what type of benfit the employee can get in his return??
 

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..


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