Taxability of reimbursement of annual subscription fee.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2016
One of the employee in our organisation has claimed for reimbursement of annual subscription fee for online access to library of tutorials.
Can anyone suggest on the taxability of this reimbursement in the hands of the employee.
Can the annual subscription fee paid be treated an educational facility and be exempt from tax.
Can anyone suggest on the taxability of this reimbursement in the hands of the employee.
Can the annual subscription fee paid be treated an educational facility and be exempt from tax.
28 December 2016
If it is for official purpose then treat it as expense of the company(subscription fees). But if paid to employee for his personal purpose then treat it as perks given to the employee.
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2016
Thanks for your reply Sandeep. But what is its taxability of this perk.
28 December 2016
Perks?? Perquisites?? It will b taxed as Perks(part of salary) in hands of employees.
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