Perquisites on Motor Car, Income Tax

[jitendra soni]

A company reimburse to its employee 10000/- as Motor car Expenses and Rs. 10000/- for driver. The Car is owned by the employee. The employee show that he incurred 10000/- as pertro expenses for commuting between place of his residence and place of duty. Please give your opinion on the following:

1) is the employee right

2) employer require any log book from the employee

3) Driver allowance is fully exempted or 900 per month is allowed as per Rule 3 of the Income Tax aCt 

Posts / Replies

[r.rajkumar kumar]

fully taxabale as per the income tax act. only 800/- deduction is eligible to claim. tks

[jitendra soni]

I think that for driver 900 is allowable every month