If Fixed Allowance per month reimbursed to employee in cash ( Other than Salary Allowance), is it liabile to Tax?
3 Replies
Mayuri Shelar-Private Tuition
(Myself Provides Private Tuition for CS CA Mcom Bcom BBi BMS students )
(40 Points)
Replied 17 October 2014
It depends upon type of fixed allowance whether education allowance uniform allowance lunch allowance ...Then the taxability will be determined ...
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 18 October 2014
Hi
If You get bills as supporting, then it is not taxable, else it is taxable.
Thanks
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