Employer is paying fixed Telephone Allowance Rs.750/- pm to employee. Whether it is exempt or liable to Tax. Expert please reply.
HANMANT (AUDIT & ACCOUNT ASSISTANT) (121 Points)
16 November 2018Employer is paying fixed Telephone Allowance Rs.750/- pm to employee. Whether it is exempt or liable to Tax. Expert please reply.
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 16 November 2018
Telephone Allowance is fully taxable. However telephobe reimbursement is fully exempted
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