LawRato

Co. will reimburse amount paid for laptop. Is this amount taxable?


21-Oct-2023 (In Tax Law)

Hello friends, I am working as a consultant for a company. They asked me to buy a laptop and they said they will reimburse the amount. However, I don't know if the reimbursed amount is taxable. The laptop is pretty expensive. They wrote me an LP cheque for my first month's salary including the expense. Can someone help me? What is an LP cheque? Thanks

Answers (1)

Answer #1
312 votes

What is the full form LP? Please specify the full form then we will be able to advise you further.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."