Petrol expense reimbursement

Sir,

One employee availed conveyance allowance exemption of Rs.800/- from April-December 2012. He bought a Car on January 2013, so he is asking for car expense reimbursement of 1800/- for Jan-Mar 2013, as we have that component in our salary break up. So shall i calculate conveyance exemption for Apr-Dec, and give car expense reimbursement for Jan-Mar.

asked Jan 24 '13 at 16:49 by HRIM 12723


You can consider non-taxable conveyance allowance for Apr-Dec and then reimburse car expenses for Jan-March on producing actual bills and take that non-taxable.

There should not be any issue in it.

answered Jan 24 '13 at 23:19 by Pankaj Batra 5.2k320

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Asked: Jan 24 '13 at 16:49

Seen: 2,877 times

Last updated: Jan 24 '13 at 23:19