Reimbursement to Director

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Hi All,

Is reimbursement to Director/Employee/MD exempted from FBT if the bill is in his own name and not the company also in case where he is travelling for business purposes.

Thanks

Replies (5)
No Only Remuneration is exempt
Hi Virendra, Take e.g. of tel exp reimbursement. Evene bill is coming in the name of employee and he is taking reimbursement from employer then also it is attractin FBT.
What if the trip is not a business trip or how come one determine whether its a business trip or not. Is it dependable on how the company treat it. If I go on a business trip use a hotel and take the bill in my own name this will be reimbursable to me, but will it attaract FBT.Similarly reimbursement of private journey won't be subjected to FBT.
Is something wrong about my question.Please correctt me.
if company is paying it has to pay FBT. whether it pays directlly or s reinbuesement


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