Form 24Q

Created by Srikanth U S, Modified on Fri, 24 Oct at 5:07 PM by Srikanth U S

? Rule Summary:

In Form 24Q (Annexure I) —
? The column “Amount Paid/Credited” should include only salary income chargeable under Section 192, i.e. amounts considered as “income from salary”.

Now, whether reimbursement income is included depends on its nature ?

? 1. Reimbursements that are part of salary structure (taxable or exempt within salary):

✅ Include in “Amount Paid/Credited”

Examples:

Reimbursement Type	Tax Treatment	Include in Amount Paid?
Medical reimbursement (if part of CTC)	Taxable (post-2018)	✅ Yes
LTA (Leave Travel Allowance)	Exempt within limits, but part of salary	✅ Yes
Conveyance allowance (if paid as fixed component)	Exempt within limit, but part of salary	✅ Yes
Telephone reimbursement (if part of CTC)	Exempt to extent of actual bills	✅ Yes

Reason:
These are part of the employee’s salary structure, even if later exempted. They are credited as salary components and hence reported under “Amount Paid/Credited”.

? 2. Pure reimbursements — not forming part of salary or CTC (official expense reimbursements):

❌ Exclude from “Amount Paid/Credited”

Examples:

Reimbursement Type	Tax Treatment	Include in Amount Paid?
Travel claim for client visit (actual expense claim)	Not taxable (business expense reimbursement)	❌ No
Mobile bill claimed separately (not part of salary)	Not taxable	❌ No
Meal / taxi bills reimbursed on actuals	Not taxable	❌ No

Reason:
These are not salary payments, but expense reimbursements made to an employee in official capacity — not treated as “income from salary” under Section 192.

✅ Summary Rule:

Type	Include in Form 24Q (Amount Paid)?
Fixed reimbursements (part of salary/CTC)	✅ Yes
Actual reimbursements (business expense claims)	❌ No

? Example:

Component	Amount (₹)	Include in “Amount Paid/Credited”?
Basic Salary	40,000	✅
HRA	20,000	✅
Special Allowance	10,000	✅
Medical Reimbursement (fixed)	1,250	✅
Project Travel Claim (actual expense)	5,000	❌

? Amount Paid/Credited = ₹71,250, not ₹76,250.