Books & Periodicals Allowance

Subha Krishnan
Can anybody please share with me the draft policy on Books & Periodicals Allowance for tax benefit purposes.
Subha Krishnan
Hi,
Can you please help me in providing sample policy on Books & Periodicals for Tax benefit purposes as I am in process of framing the policy.
Subha Krishnan
Hi
Anybody can please help me in providing sample policy on Books & Periodical for tax benefit purposes for leadership team. I am in the process of framing the policy and looking for sample policy. It is urgently required
Shrikant_pra
Expenses for books and periodicals will be considered as business expenses only if the invoices show that the books & periodicals purchased were related to business area of the individual who claims them.
nashbramhall
Dear Subha,
You have not given enough details to give you a precise answer. "Expenses on subscription to magazine and journals are specifically allowed for employees in industries that require them to keep abreast of developments in various areas on a day-to-day basis. On the other hand, entertainment expenditure limits are also allowed for employees who have to interact with different people in the course of their job and hence have to incur expenses on items on this front." Expense on books, journals tax deductible - timesofindia-economictimes
Hence, it all depends upon the circumstances.
Subha Krishnan
Thanks for your timely input .It gave me the clarity. I was in the process of framing a reimbursement Policy (books & Periodicals) for providing tax benefit to high salaried employees and was looking for the purpose & benefits of this policy & claimable items under the same. Its now cleared & understood. Thanks once again.
Subha Krishnan
Thanks for your timely input. It gave me the clarity. I was in the process of framing the reimbursement policy (Books & Periodical) for high salaried employees for tax benefit purposes and was looking for exact purpose & benefits of this policy and claimable items under the same. It is cleared now . Thanks once again
manishamudgil68@gmail.com
Hello All please suggest me box file,stpler pin any stationery realted goods included on books & Periodicals Allowance.???
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