Registered Members: 165615 | Current Active Members: 104926

Question ID : 2091

Applicability of Medical reimbursment in FBT

If co. reimbursed Rs. 16000,- to employee towards medical reimbursement.Excess of Rs. 10,- is liable the hand of employee. pls let me know about apllicability of FBT to company of reimbursement of Rs. 16000,-.whether only Rs. 1000,- is take to account for FBT or whole Rs. 16000,- '

Click here to Post Your Answer
Posted by Matulya on Mar 17, 2006
Filed Under DIRECT TAXES

No answers yet. Be the first to answer!

Post Your Answer

Please login to post your answer.