Allowance (Urgent)

This query is : Resolved 

28 March 2011 Perquisite of Motor Car is exempt or taxable??
If exempt in which condition ??

30 March 2011 Hi,

It is Taxable, Please refer to the Slabs given under Sec 17 - Valuation of Motor Car benefit.

Thank you,

Regards
CA. LOHITH.J
B.Com,ACA,CS,(ICWA),SAPM Hons,ITF Hons


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