Electricity,Water,Gas Reimbursement

Last updated at April 16, 2024 by

Electricity / water / gas Bill Reimbursement is Fully Taxable

Q5

Company  Gives Electricity Bill Reimbursement of Max 2000 pm

Calculate  Amount taxable if Employee Submits bill of

Case Bill Submitted of AMOUNT RECEIVED Exempt Taxable
1 2000      
2 2400      
3 1800      
View Answer

Q6

   
Basic  Salary 60000

Employees's Electricity Bill is paid directly by Company

Suppose Bill was of 2500

View Answer

 

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.