Is it necessary for a Company/Employer to ask for bills for reimbursements of benefits like Newspaper,Mobile Bills, Petrol etc Can the Employer reimburse on the basis is of a declaration?
From India, Mumbai
2From India, Mumbai
Employer can reimburse expenses on the basis of declaration, if a prescribed limit is fixed by him for expenses. However, it is always better to supplement bills/vouchers along with the claim, for tax benefits for employees.
In case of declaration only, there will be chances to submit false declaration , though no expenses have been incurred by the employee. Demanding bills can help in curbing this practice to a large extent
From India, Aizawl
In case of declaration only, there will be chances to submit false declaration , though no expenses have been incurred by the employee. Demanding bills can help in curbing this practice to a large extent
From India, Aizawl
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