Hi all, are meal allowance, travel allowance, telephone & internet allowance, and conveyance allowance fully taxable? As an employer, is it mandatory for us to collect all the necessary proofs from employees for submission? Please advise. Thank you.
From India, Hyderabad
These allowances are taxable, but if they are paid as reimbursements, they will not be part of the salary for tax purposes. You have to either collect actual bills or get declarations from the employees that the amounts have been spent.
From India, Kannur
Acknowledge(0)
Amend(0)
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Other Discussions That May Be Relevant
What allowances are taxable? what are non-taxable allowances? It s been a long time that i m breaking my head on it. what s the limitation for male/female employees? which allowances are taxable? what are non taxable allowances?... 4 Replies1 Files3 Participants
Withdrawal of pf after marriage: name change proof submission Hi my wife is working in an mnc company. prior to our marriage she was employed at niit smart serve as a trainee in 2003 2004. her surname has changed... 2 Replies0 Files3 Participants
Lta re-imbursement proof submission period for current fy I would like to know when we can apply for lta leave and request the deposit amount. the accounts department is asking for bills for the same whereas my leave... 2 Replies0 Files1 Participants
4526
Security Amount Proof.docx
Grandma proof-Lenovo.zi p
Return Submission.xls