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
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...