Driver allowance

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2017 Dear Experts,
our company is providing Rs. 10K PM driver allowance however the car is owned by employee which is partially being used for official and partial for his personal purpose.

plz enlighten me can we provide the deduction of 1800 PM for car and Rs. 900 PM for driver allowance?

Thanks
KANCHAN

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

16 June 2017 Car is owned by the Employee. So, no question of any perquisites to be added.

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2017 sir.
it mean full driver allowance i.e. 10K will be taxable

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

16 June 2017 Please try to understand, the car is NOT owned by the company. So the driver's salary is taxable in the hands of that Driver.

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2017 sir... the driver is not paid by company. driver is hired by employee to whom the company is giving 10K pm driver allownce. hence in my opinion 10K will be taxable in the Hand of employee

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

16 June 2017 If that be the case, then 10,000 is taxable in the hands of employee.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Sameer

Aishwarya N

Sidhartha sankar pillai

Shubham Jain

ANJANA PALIYATH

Subscribe Now

Driver allowance

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA