13 June 2013
Hi, Assume an employee is relocating from US to India & is granted Rs.3 Lacs as relocation exps from his new employer in India. His travel airfare (incl. family) sums up to Rs.1,86,000/- & shipment of house-hold items via air fright Rs. 25,000/- His offer letter in India is dated 2/Jun/13 & the travel dates are as follows: Self: 15/Jun/13 Family: 7/Feb/13 House-hold Items: 9/May/13
14 June 2013
Hi Vinita, Thanks for the reply. Would like to inform you that I am certainly aware that Relocation Exps are not taxable but, my ques is quite tricky. Kindly go through the ques very carefully & please give me the appropriate answer.
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