PerkyDonut
PerkyDonut

Is money given by company to buy a laptop taxable?

I'm joining a remote company, and they usually send employees amazon gift cards so that they can buy laptops.

In the case of India, since the max gift card amount is 10k rupees, it is a little inconvenient. Hence, they're sending me the money to buy it myself, but I'm worried if this amount will be considered taxable.

29mo ago
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SwirlyPancake
SwirlyPancake
Amazon29mo

Depends on how the company treats this. If its a reimbursement, you can show itnas a deductible, if a perquisite,then taxable

GroovyBoba
GroovyBoba

Usually when company has a buy your own device, they also include the GST.

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