Taxability of reimbursement of conveyance expenses

Kishanlal Paliwal (Asst. Manager (Accounts))   (551 Points)

11 March 2014  

Dear collegeaues,

Whether following supportings are admissble from exemption from Income Tax on account of reimbursement of expenses by employers.

1. Two/Four wheeler fuel expenses

2. Two/Four wheeler repair and maintainance

3. Auto Riksha Charges for conveyance of family members

4. School bus fee paid to school

5. Driver expenses Two/Four wheeler

6. Fuel expenses incurred by family members

7. What would be scenario if Transport Allowance @ Rs.800/- PM also provided by the employer.

Kindly jostify on the above with expert opinion.

Thanks & Regards