Dear All,
Whether Reimbursement of Education Expenses by employer is taxable to Employee ?
If yes, whether -
1.any tax concession is available to the employee ?
2. Any Maximum Limit is prescribed ?
3. Is Employer is liable to pay FBT ?
4. Will it be added into total income?
Thanks & Regards
Jitendra
Its a case of "employees obligation met by employer"....hence taxable....
but does not attract FBT.
| Originally posted by : sultan | ||
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Its a case of "employees obligation met by employer"....hence taxable.... but does not attract FBT. |
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YES AGREED
where is FBT now?
CAclubindia
