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Categories  >>  Accounting  >>  Audit
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
Is Taxi bills allowed to claim the LTA?
 Question Submitted By :: Dinesh Kumar Pathak S
I also faced this Question!!     Rank Answer Posted By  
 
  Re: Is Taxi bills allowed to claim the LTA?
Answer
# 1
Yes taxi bills are allowed for LTA claim, If the bills are 
of reputed travels affiliated to indian tourism. The amount 
cleared is as per the distance travelled by the employee 
and same is converted to 1st class AC rly fare and paid to 
the employee (it depends on the dependents travelled with 
him as the number travlled as it will be cleared for each 
dependent.

The taxi hired in any destination is not allowed. The 
journey should wholly through taxi from the source (where 
employee located - official) to the destination.

If employee travelled thorugh Train / Flight to destination 
and hired taxi there then only Train / Flight charges will 
be cleared, the taxi fare will be rejected.
 
Is This Answer Correct ?    0 Yes 0 No
Pathakchang
[Allsec Technologies Ltd.,]
 

 
 
 
Other Audit Interview Questions
 
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outstanding assests  1
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Expand---------MPSR  1
Expand---------ESRD  1
What wording should be used in the audit report? Accenture2
State with reason which account should be debited and which account should be credited in each of the following transactions: 1. Raj commenced business with cash Rs. 5000 2. Bought goods from Kiran for cash Rs. 1000 3. Sold furniture to Ravi on credit Rs. 500 4. Sold goods for cash Rs. 800 5. cash purchases Rs. 600 6. Bought Stamps Rs. 10 7. Withdrew cash from the business for personal use Rs. 1000 8. Paid salary to manager Rs. 500 9. Paid rent to landlord Rs. 200 10. Received commission from Mani Rs. 50 11. Paid for repairing machinery Rs. 30 12. Received cash form Ravi on account Rs. 400 13. Gave loan to Babu Rs. 500 14. Purchased goods from Sachin Rs. 400 15. Opened a bank account with Rs. 1000 16. Charged Mohan Rs. 50 commission for service rendered to him 17. Santosh paid the interest on loan advanced to him 18. Received loan from Manju Rs.10000 19. Office furniture stolen Rs. 500 20. Paid income tax Rs. 5000 21. Paid life insurance premium Rs. 300 22. Allowed discount to Babu Rs. 90 23. Discount received from Santosh Rs. 150 24. Amount charged by bank as bank charges Rs. 30 25. Railway fright paid on machinery purchased Rs. 100  1
What is the most effective team you have ever been a part of ? Bharti1
Expand---------MPSR  1
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company A is parental company of company B.if company A pays rent for company B to landlord,What will be the journal entry recorded in the books of company A and company B? Cognizent2
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secretarial audit  3
Does we need to make Registration Of Company(ROC) at every state? If we does nt make registration at every state,what will happen? Does we need to pay more tax without ROC at every state?  1
explain the liabalities of a company auditor Wipro1
 
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