Reimbursements

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 April 2015 Dear All,

Good day.

I am Working as an Accountant in an Software Organization, Ascendas,Chennai.

To Reduce the Employees Tax liability We have: Telephone; Attire; Car; Medical; LTA & Food Coupons (Sodexo) Reimbursements. In 'Telephone' Reimbursement:- Whether Broadband connection , Data usage Bills can that be Claimed? And as per law are there any limits set for Telephone; Attire; Car; Medical & LTA Reimbursement.

Kindly Confirm. Look forward your Valuable Response.

Thanks

Aditya Maheshwari

Aditya Maheshwari (Expert)
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13 April 2015 There is no limit specified by Act. However Employess will submit the bills against them and balance amt if bills not submitted will be taxable in the hands of the employees.

Querist : Anonymous

Querist : Anonymous (Querist)

14 April 2015 Dear Sir,

Thank you for the Msg.

But my Main Question is against 'Telephone Reimbursement' Can the Broadband Connection, Data Usage Bills Considered???

Kindly reply anyone.

Thanks

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Aditya Maheshwari

Aditya Maheshwari (Expert)
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14 April 2015 U should have a separate heading for that

Querist : Anonymous

Querist : Anonymous (Querist)

14 April 2015 Hi Sir,

Once again thank you for replying.

So as per your Statement I can take it as "We Can Accept" those bills against Telephone Reimbursement right???

Kindly confirm.

Thanks

Aditya Maheshwari

Aditya Maheshwari (Expert)
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14 April 2015 Reword your allowance to 'telephone & internet reimbursement'