TaxTMI 
TaxTMI 
Perquisites on Motor Car
X X X X Extracts X X X X
X X X X Extracts X X X X
....erquisites on Motor Car<br> Query (Issue) Started By: - jitendra soni Dated:- 4-1-2012 Last Reply Date:- 5-1-2012 Income Tax<br>Got 2 Replies<br>Income Tax<br>A company reimburse to its employee 10000....
X X X X Extracts X X X X
X X X X Extracts X X X X
..../- 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 pl....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ace 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....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 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 Repl....
X X X X Extracts X X X X
X X X X Extracts X X X X
....y: I think that for driver 900 is allowable every month<br> Discussion Forum - Knowledge Sharing ....