TaxTMI 
TaxTMI 
TaxTMI 
Clarification - conveyance expenses
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....larification - conveyance expenses<br> Query (Issue) Started By: - Rahul Bagaria Dated:- 3-4-2009 Last Reply Date:- 4-4-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>Fuel reimburesements in relation....
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.... to motor bikes used by the employees for the purpose of business cannot be covered under "Repairs and Maintenace of Motor Car" under FBT provisions.Is there a possibility of including the same under ....
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....the head 'Conveyance'.Ordinarily,the term 'Conveyance'is interpretted as an expenditure incurred by the employer to provide a conveyance facility to the employees and not re-imbursement of fuel expens....
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....es (in the context of FBT, only conveyance provided to employees for official purposes is liable to FBT). However, given that the term 'Conveyance' has not been specifically defined under the Act or i....
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....n the Circular, a view may be taken that 'Conveyance' head includes expenditure on reimbursement of local conveyance expenses incurred by the employees using own motor bikes, for official purposes.Ple....
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....ase give opinion whether we can go ahead with this logic.Can this position could be questioned by the Indian Revenue authorities. Reply By Ravi Chopra: The Reply: I think, you are right, fuel reimbur....
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....sements would be covered by the term "conveyance".<br> Discussion Forum - Knowledge Sharing ....