Car reimbursement
This query is : Resolved
16 July 2010
How much car reimbursement can be taken from the employer so as to reduce tax ?
16 July 2010
Car reimbursement for office purpose can be of any amount and Rs 800/- per month for personal purpose to met the expenditure for the purpose of commuting between place of his residence and the place of his duty
16 July 2010
Not able to understand...
Just wanted to confirm the limit for tax-free car maintanence.
Just wanted to confirm the limit for tax-free car maintanence.
16 July 2010
You can keep upto the amount of expenditure usually spent in a month.
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