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Dear Experts,
Please clarify whether Flexi allowance is taxable or not.
Ex- If we give Flexi allowance as Petrol allowance and Telephone allowance.Is it tax exempted if employees submit the bills or will it be taxable.
Please clarify whether to consider it as tax exemption.
Many thanks for your answer and suggestion.
Regards,
Sneha
Please clarify whether Flexi allowance is taxable or not.
Ex- If we give Flexi allowance as Petrol allowance and Telephone allowance.Is it tax exempted if employees submit the bills or will it be taxable.
Please clarify whether to consider it as tax exemption.
Many thanks for your answer and suggestion.
Regards,
Sneha
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Taxable Income.doc
