hari2009 (Executive) (224 Points)
20 April 2009HI
i have doubt in reimbursment options
in our company we have started reimb. from last year for vehicle tel and Med and LTA,
if any of the person opts the following head their basic should be decreased,
actually we are deducting from special all
whether it is correct or wrrong please help me
Sachin
(Chartered Accountant)
(419 Points)
Replied 20 April 2009
Dear Harinath,
I donot understanad the problem. please write me in detail. my email id is sachinagarwalcallb @ gmail.com
Sandeep Keswani
(Tax Consultant)
(1064 Points)
Replied 20 April 2009
Please be more clear with your question.
CA RAMESH KUMAR AHUJA
(CA, DISA, LLB)
(5452 Points)
Replied 21 April 2009
I think a special allowance is given to those who do not opt for reimbursement option. In case reimbursement option is exercised and the special allowance is decreased accordingly then the employee may save tax to that extent.
CAclubindia
