12 January 2010
Hai, Please clarify the below query:
if an employees receives the Car Lease (car engine cubic capacity is beyond 1.6 litres) amount of Rs.40k per month including maintenance charges (Rs.30k car lease amount + Rs.10k car maintenance). Please let me know the value of perquisite, whether the perqs value is Rs.2400/- per month only or more. Please clarify.
CAclubindia
