Taxability of Car allowance
This query is : Resolved
27 May 2011
Dear Experts,
Pls Advice-
The company makes a reimbursement of actual petrol bill claimed by employee for use of emplyees own vechical for travelling between office and house.
Whether the reimbursement of expenses is taxable in the hands of employee as salary?
Pls Advice-
The company makes a reimbursement of actual petrol bill claimed by employee for use of emplyees own vechical for travelling between office and house.
Whether the reimbursement of expenses is taxable in the hands of employee as salary?
27 May 2011
it will be taxed as perquisite
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
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