Tds on salary

This query is : Resolved

Arun Jain (Querist)
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09 May 2013 I want to ask can i show

Telephone Expenses Reimbursement
Vechile Running & Maintenance Reimbursement

as salary component for employees having salary range of Rs.35000 to Rs.65000.

If yes, then it will be Tax Free Component or not????

and what are the documents required for LTC exemption?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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09 May 2013 Telephone expenses reimbursement - if official then exempted, otherwise taxable

Vehicle running & maintenance - perquisite value will be calculated based on the perks valuation rule

LTC claim need to submit the ticket with boarding pass in original