Members pls clarify me is mobile allowance receieved taxable or exempt
satish kumar voleti
(A.C.A., (ICWAI))
(1686 Points)
Replied 17 December 2012
Ritesh Jain
(CA, CS in Job)
(675 Points)
Replied 18 December 2012
HARPREET SINGH
(Chartered Accountant)
(79 Points)
Replied 18 December 2012
Hi...Ritesh is correct, Telephone including mobile reimbursement is fully exempt without any limits.
Thanks
Harpreet Singh
Anuj jain
(CA Final Student)
(163 Points)
Replied 18 December 2012
yes it is taxable but reimbursement of such expenditure actually paid is exempt
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