a) As per law, are Reimbursements are salary or not? b) can we show them in form16 and in payslip? if we cannot why?
From India, Bangalore
dear friend,
salary and its components are exhaustively defined under the INCOME TAX RULES. as for form16, the format is standard and available under the schedule to the IT Act/Rule.
please go throught the same for further clarity.
regards,
mxsingh


a) sub section 17(2) on perk does not give a clear picture whether it is a salary or not
b) i wish to know the impact of putting the reimbursemetn componenet in payslip
c) form16 does not ell which area reimbursemetns shall be placed,(we have- exemption of allowances, but it is not for all reimbursement)

From India, Bangalore
Hi Prabhu,
Reimbursements should not be included in the payslip..
Why ? Because it is subject to production of bills for the same ..whether it is medical or others etc..then it is not correct to put in the payroll slip..
Cheers,
Rajat

From India, Pune
I thinkl some companies put the reimbursemetn componenet in the payslip but do not want to show in form16. what is your comments on this
I wish if you have a reimburement policy please sent the same to me
many a thanks

From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.