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School fees reimbursement upto 1000 p.m exempt, If > 1000 fully taxable.(eg 1100,then 1100 taxable)
Q7
Company provides School Fees Reimbursement of Max 1500 PM
Calculate Amt taxable if Employee Submits Fees receipt of
| Case | Bill Submitted of | AMOUNT RECEIVED | Exempt | Taxable |
| 1 | 1500 | |||
| 2 | 1800 | |||
| 3 | 1300 |
| Case | Bill Submitted of | AMOUNT RECEIVED | Exempt | Taxable |
| 1 | 1500 | 1500 | 1500 | |
| 2 | 1800 | 1500 | 1500 | |
| 3 | 1300 | 1300 | 1300 |
Q8
Company provides School Fees Reimbursement of Max 900 PM
Calculate Amt taxable if Employee Submits Fees receipt of
| Case | Bill Submitted of | AMOUNT RECEIVED | Exempt | Taxable |
| 1 | 1500 | |||
| 2 | 1800 | |||
| 3 | 1300 |
| Bill Submitted of | AMOUNT RECEIVED | Exempt | Taxable |
| 1500 | 900 | 0 | |
| 1800 | 900 | 0 | |
| 1300 | 900 | 0 |
