My Employer Reimburses To Me All My Expenses On Grocery And Children Education. Would These Be Considered As My Income
My employer reimburses to me all my expenses on grocery and children education. Would these be considered as my income?
Free Legal Advice - taxation
Posted by: Anu Verma
Posted on: 2018-09-04
Yes, these are in the nature of perquisites and should be valued as per the rules prescribed in this behalf
Talk to Top Rated Lawyer
Some issues just cant wait. If you need a resolution right away, then use our quick consult option to speak with our Lawtendo lawyers immediately at a small fee of Rs 600.
Talk to a Lawyerसेवा बुक करें
Related Legal Questions
Free Legal Advice - taxation
Where a notice under section 142(1)/ 143(2)/ 148/ 153A/ 153C of the Income-tax Act has been issued to a person for an assessment year will he be ineligible from making a declaration under the Scheme?
Posted by : Sunidhi Punia
Posted on : 2018-09-04
Free Legal Advice - taxation
If income from any source is exempt, then can loss from such source be adjusted against any other taxable income?
Posted by : Deepanshu Sharma
Posted on : 2018-09-04
Free Legal Advice - taxation
In case of a change in the constitution of business, can the loss be carried forward by the reconstituted entity?
Posted by : Akshay Popli
Posted on : 2018-09-04