Suhas Deshmukh (Manager Finance & Accounts) (132 Points)
19 August 2015In our company, we use own delivery vehicles for delivering goods to our own branches spread accros maharashtra. We used to pay some amount on per ton basis to the drivers towards unloading expenses. We did not obtain any proof of actual expenses by the drivers.
Now my query is will this amount will be considered as salary as per terms of income tax act?
Thanks in advance
Sriram
(CMA Final)
(178 Points)
Replied 19 August 2015
I think there is no Employer-Employee relationship. it doesen't come under salary
ish kumar sharma
(Sr. Manager Accounts & Finance)
(301 Points)
Replied 19 August 2015
| Originally posted by : Suhas Deshmukh | ||
 |
In my opinion it should be considered as work contact on temporary basis, since no employer-employee relation subsist it should not be considered as salary. it should be shown under work contact expenses or sub head loading & loading charges under the head selling and distributions expenses..........wait till other say.. |  |
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 19 August 2015
Hello , I think in practical scenario amount which u paid to ur driver is very less .. upto Rs-250000 there is no taxation.
If you think practically then this type of question will not arise.
CA D.C. Bansal
(Accounts Head)
(283 Points)
Replied 19 August 2015
ish kumar sharma
(Sr. Manager Accounts & Finance)
(301 Points)
Replied 19 August 2015
Agree with Mr D C Bansal.
Ashish Jain
(.Net Developer)
(641 Points)
Replied 19 August 2015
| Originally posted by : Suhas Deshmukh | ||
|
In our company, we use own delivery vehicles for delivering goods to our own branches spread accros maharashtra. We used to pay some amount on per ton basis to the drivers towards unloading expenses. We did not obtain any proof of actual expenses by the drivers. Now my query is will this amount will be considered as salary as per terms of income tax act? Thanks in advance |
|
It will be treated as unloading exp. and i think it will pay to different persons "who unloading the vehicle "by the driver and after that same amt reimbursed by you to driver.
So u not need to consider this amt in driver salary
CAclubindia
