TDS on salary

This query is : Resolved

Amit (Querist)
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10 February 2010 In the F.Y 2009-10 what will be the treatment of the fllowing reimbursements:

[a] 1.Car Running & Maintenance
2. Fuel Reimbursement
3.Driver salary

If car is owned by the employee then by submitting the log book and declaraing that it was used for the purpose of office ; can he claim the exemption for Runnng & Maintenance, Fuel & Driver salary in excess of Rs.1800 & Chauffer 900/-.

If yes then kindly provide the details of the compliances reuired.

[b]Exemption of Uniform Reimbursement although there is no specific uniform except for tie provided by the company.

[c] Books & periodicals reimnursement in respect of Magazines.

[d] Food coupons

It is therefore requested to kindly provide the answer with all the particulars

CMA. Dinesh S Adhikari, ACMA

CMA. Dinesh S Adhikari, ACMA (Expert)
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11 February 2010 [a] If you claim that all expenses in excess of Rs. 1800 & Rs. 900, then you have to provide following documents:
(i) Log-book certified by the employer
(ii) A certificate from the employer, which shows that those expenses incurred for official purpose.

[b] Then only expenses on tie will be eligbile for exemption other rest of part will be taxable.
[c] B&P will be taxable, not allowed for exemption purpose any where.
[d] Non-transferable Food Coupons will be exempt upto only Rs. 50 per meal, after that it will be taxable. However, if those coupons used in office premises during working hours then whole amount will be exempt.

Regards!!!