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

 

  1. Tax Practical
  2. Practical Payroll (TDS Salary,PF,ESI)

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .