Business: Is Provision of Car & Driver Taxable in Hand of Employee?

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posted by taxquery 1788 days ago
I want to know that the following are taxable perks in the hand of employee 1. If car owned by the employee and driver salary & repair and maintenance expenses reimbursed by the company 2 If car provided by the company and driver salary & maintenance expense reimbursed to employee baljinder_s@.............com The reimbursement of salary to the driver provided to an employee is not taxable u/s 17(1) i.e as salary. Further , expense on provision of car along with driver to the employee is also out of definition of perquisites. Even rule 3(2) of the I T Rule is deleted now. These expenses are now
1 comment | tags: fbt income tax india all | category: Business | Add this link to... | tell a friend | bakwaas

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  • Avatar | written by vish122 1788 days ago Rating: 0 | Rate comment: + -

    hey stop posting your boring and irritating tax related,post something generic and intresting.


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