16 June 2009
It is part of your pack so if it is taxable in your hands it wll not be taxable to employer. It not seems to fall under FBT so it will be taxable in your hand. Please correct me if i am wrong
16 June 2009
But I think fuel & maintenance reimbursement is taxable to employer under FBR. Refer Sec 115 WB(2) clause H : Repair ,running(including Fuel),Maintenance of motor cars and depreciation there on is chargeble under FBT @ 20%. Correct me If i am wrong..
CAclubindia
