Naga Raju (Student) (36 Points)
13 June 2015Dear Sir,
My client wants to reimburse the petrol expenses incurred by employee(The expenditure incurred to travel office to residence and vise versa) besides he is giving Conveyance allowance .
he doesn't wants to show it in payslip but he wants deduction as business expenditure .
Please provide any solution for the same .
ARUL PRADEEP
(ARTICLE ASSISSTANT)
(175 Points)
Replied 13 June 2015
In salary statement this petrol expeses should be included in Other deductions.....
Deduct this amount from net salary....
then Give balance amount to employee....
CAclubindia
