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 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
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.
Company Profile.ppt
Company Profile Letter - Global Risk Management Services.pdf