Poonawalla fincorp
Poonawalla fincorp

Salary income

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2013 Sir,


X IS AN EMPLOYEE IN A COMPANY, HE RECEIVES MONTHLY SALARY, HIS JOB IS GOING ALWAYS OUT STATIONS, SO HE RECEIVES TRAVELLING EXPENSES ALSO, WHETHER THESE TRAVELLING EXPENSES ARE TAXABLE OR NOT , IN THE HAND OF EMPLOYEE

ADVANCE THANKS
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Purushottam

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Purushottam (Expert)
14 December 2013 the amount given by the company to employee is not an allowance. Therefore, it will be deductible on the basis of actual expenses & balance will be taxable...

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