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of <h1>Income-tax Amendment 2002: Claim Higher Deductions for Motor Car Expenses with Proper Documentation and Certification</h1> The Income-tax (17th Amendment) Rules, 2002, effective from August 1, 2002, amends the Income-tax Rules, 1962. It allows employers or employees to claim higher deductions for motor car expenses used exclusively for official duties if specific conditions are met, such as maintaining detailed journey records and obtaining a certification from the employer. Additionally, expenses charged to a credit card provided by the employer are considered taxable perquisites unless incurred exclusively for official purposes, with detailed records and employer certification required. Similar provisions apply to other business-related expenditures, emphasizing the need for thorough documentation and certification.
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