| Originally posted by : rahul khatter | ||
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one thing i didnt clear frm all hw can allowances is called a perquisites..... to the ma knowledge ..... earlier travel allowance is exempt min. of following .. a.amount which is received b.amount which is spent but now all the travel allowance get to add in the salary .... thus forming the part of salary /// if anythng else thn plz reply |
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Actually rahul in the original question he was asking about Travel reimbursment but instead of using reimbursment the word used was allowance. Its not actually allowances but it was a kind of reimbursment on which FBT was applicable
CAclubindia
