Perquisites on Motor Car

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..... 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 commut .....

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..... ing 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 i .....

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..... s fully exempted or 900 per month is allowed 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 eligib .....

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..... le to claim. tks - Reply By jitendra soni - The Reply = I think that for driver 900 is allowable every month - Perquisites on Motor Car - Query Started By: - jitendra soni Dated:- 4-1-2012 Income .....

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..... Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com .....

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..... - TMI - TaxTMI - TMITax .....

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