Valuation of Perquisites in respect of Motor Car

Fasidha Farook (IPCC) (27 Points)

10 February 2011  

Which is the actual taxable amount of motor car for the A.Y. 2011-2012

  1. Rs. 1800 p.m (1600 cc), Rs.2400 (more than 1600cc) & drivers salary Rs.900 p.m.
  2. Rs. 1200 p.m (1600 cc), Rs.1600 (more than 1600cc) & drivers salary Rs.600 p.m
  3. Any other answer?