24 February 2013
Our Co is giving Hard and soft furnishing allowance . They are reimbursing against bills submitted. Please advise as to the taxability of the same
25 February 2013
There is no fixed percentage. An amount of Rs 30000 for hard furnishing to be claimed in 5 years after producing the bill . Rs 15000 for 3 years after producing the bill We have to submit thye bill for reimbursement then why included for taxation
CAclubindia
