Income Tax Treatment For Fuel Reimbursement & Telephone Allowance For Non-sales - CiteHR
Pon1965
Construction
Veddipali
Mgr Human Resources
PRAVIN3003
Ggm-accounts & Finance
+1 Other

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Hi All,

Need you views on the income tax treatment for fuel reimbursement and telephone allowance given to non-sales employees:

As per my understanding,

1. Fuel reimbursement is provided for business purposes and for tax rebate on the bills submitted, the log book of travel needs to be maintained?

2. If employee is getting fuel reimbursement then he shall not be eligible to get the std. tax rebate of conveyance allowance @ 800 p.m

3. Telephone allwoance - The rebate of income tax is available subject to submission of actual bills and only applicable to the business related call and not for personal calls made.

Can someone pl. also suggest ways to reduce this overhead of maintaining logbook for fuel reimbursement and how we can safely give the telephone reimbursement without taking effors to marl business calls in each bills where tax rebates is provided.

Also, in case any of you can share with me the details of other tax free allwoances and thier treatment, the same shall be useful.

Regards,
Vibhanshu

Hi Vibhanshu What is the limit of petrol reimbursement in litres ? what is the limit of telephone and mobile reimb limit per month ? please guide me? Pravin
Point No. 1 - impose cap.
Point No 2 - Yes. 800/- pm will be discontinued if the options at pt. No. 1 is availed.
Point No. 3 - impose cap according to the levels. You can't monitor the telephone usage.
Pon

Hi Pon;
Is there a maximum cap that can be set on 1. Fuel reimbursement is provided for business purposes and for tax rebate on the bills submitted, the log book of travel needs to be maintained?
please advice
Cheers

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