Salaried Person’s in Trouble

Image result for bad news for salaried your daily travel allowances will be taxed now if you fail to submit actual bills

Neighbourhood News Desk/ Sangeeta Taluja: The Andhra Pradesh High Court has recently ruled that allowance paid to employees for meeting personal expenses is taxable as perquisite, and the employer is liable to deduct taxes on it. If you are a salaried person and get daily allowances from your company while on official tour either in India or abroad, Then better keep the evidence of actual expenses incurred, otherwise you will have to pay tax on it.

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