Any Tax Implication on Employer and/or Employee on the Reimbursement of relocation charges agianst the bills at the time of joining of the employee
NIRMIT GUPTA (CA) (29 Points)
06 June 2008Any Tax Implication on Employer and/or Employee on the Reimbursement of relocation charges agianst the bills at the time of joining of the employee
Ganpat
(Business)
(20 Points)
Replied 11 November 2008
what if I have reimbursed the relocation expenses, joining bonus etc and company had deducted FBT, now i do not fulfill the term to stay back now i have to return the amount i reimbursed back to employer in this case will i get back the FBT amount that is deducted?