Travelling expense
This query is : Resolved
13 April 2016
if one employee taken Rs.10000/- per month as travelling allowance (fixed TA) from company.
He ( employee) reimburse Rs.10000/- per month TA Bill.
How to treat the matter of Income Tax deduction or Exemption - please tell me - ?
He ( employee) reimburse Rs.10000/- per month TA Bill.
How to treat the matter of Income Tax deduction or Exemption - please tell me - ?
13 April 2016
Max. travel allowance is exempted upto 1600/- per Month.
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