PLEASE NOTE:

• The amount of expenditure includes Membership fees and Annual fees towards Primary Card & Add-on card both.
  

• The Credit card facility may have been provided to the Employee &/ or any member of his household which in both cases shall be chargeable to tax.
  

• The Credit card facility includes Primary Card expenditure & Add-on card expenditure also being the Cost borne by the Employer.
  

• Such Expenditure may have been directly incurred by the employer or may have been reimbursed by the employer to the employee.
  

• Expenditure incurred by Employer towards Official purposes can be claimed as deduction subject to:-
  

  • Complete details in respect of such expenditure are maintained by the employer which may, inter alia, include the Date of expenditure and the Nature of expenditure;
    

  • The employer gives a certificate for such expenditure to the effect that the same was incurred wholly and exclusively for the performance of official duties.