Example:-X owns car (1400cc). He uses it partly for official purposes and partly for private purposes. During the previous year 2014-15, he incurs a sum of 40,000 on running and maintenance of car. Besides, he has engaged a driver (salary 24,000). The employer reimburses the entire expenditure of 64,000. Log book of the car is not maintained.

Example:-X owns car (1400cc). He uses it partly for official purposes and partly for private purposes. During the previous year 2014-15, he incurs a sum of 40,000 on running and maintenance of car. Besides, he has engaged a driver (salary 24,000). The employer reimburses the entire expenditure of 64,000. Log book of the car is not maintained. https://www.taxtmi.com/tmi_notes?id=96 Example:-X owns car (1400cc). He uses it partly for official purposes and partly for private purposes. During the previous year 2014-15, he incurs a sum of 40,000 on running and maintenance of car. Besides, he has engaged a driver (salary 24,000). The employer reimburses the entire expenditure of 64,000. Log book of the car is not maintained. en-us Tue, 11 Aug 2015 10:49:00 +0530 Tue, 11 Aug 2015 10:49:00 +0530 TaxTMI RSS Generator Example:-X owns car (1400cc). He uses it partly for official purposes and partly for private purposes. During the previous year 2014-15, he incurs a sum of 40,000 on running and maintenance of car. Besides, he has engaged a driver (salary 24,000). The employer reimburses the entire expenditure of 64,000. Log book of the car is not maintained. https://www.taxtmi.com/tmi_notes?id=96 Example:-X owns car (1400cc). He uses it partly for official purposes and partly for private purposes. During the previous year 2014-15, he incurs a sum of 40,000 on running and maintenance of car. Besides, he has engaged a driver (salary 24,000). The employer reimburses the entire expenditure of 64,000. Log book of the car is not maintained. Notes Income Tax Tue, 11 Aug 2015 10:49:00 +0530 https://www.taxtmi.com/tmi_notes?id=96