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The way fuel reimbursement is structured is employees get a full tax exemption to the extent of the receipts submitted Employees can save up to 30 in taxes on the billed amount And if they happen
There can be no tax exemption on the fuel and driver salary reimbursement if the car is used only for personal purposes In other words the entire
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Corporate Tax Exemption For Companies And Startup India In Budget 2020
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What Are Exemptions Under Section 10 Here is a list of exempted income under Section 10 Section 10 13A of Income Tax Act Section 10 13A of the Income
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Can My Work related Phone Bills And WiFi Bills Help Me Reduce Taxes
Can My Work related Phone Bills And WiFi Bills Help Me Reduce Taxes
Companies to achieve a tax neutral position on these transactions especially in the absence of a profit element On the other hand the tax authorities generally contend that such
Reimbursement of fuel expenses and conveyance allowance both are two different aspects So an employee is eligible to get both conveyance allowance of
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There can be no tax exemption on the fuel and driver salary reimbursement if the car is used only for personal purposes In other words the entire
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6 min read CONTENTS Show As you climb up the ladder in your profession it is commonly seen that the employer provides a car to ensure easy
There can be no tax exemption on the fuel and driver salary reimbursement if the car is used only for personal purposes In other words the entire
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