Perquisites on Motor Car

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..... Perquisites on Motor Car
Query (Issue) Started By: - jitendra soni Dated:- 4-1-2012 Last Reply Date:- 5-1-2012 Income Tax
Got 2 Replies
Income Tax
A company reimburse to its employee 1000 .....

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..... 0/- 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 p .....

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..... lace 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 allowe .....

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..... d as per Rule 3 of the Income Tax aCt Reply By r.rajkumar kumar: The Reply: fully taxabale as per the income tax act. only 800/- deduction is eligible to claim. tks Reply By jitendra soni: The Rep .....

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..... ly: I think that for driver 900 is allowable every month
Discussion Forum - Knowledge Sharing .....

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