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perquisite in respect of motor car

This query is : Resolved 
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(Querist)
02 August 2010 as per the latest edition of vk singhania

(1)where caR IS OWNED BY EMPLOYEE & is used partly for official purpose & partly for private
& expenses are met by employer
then amount to be deducted w.r.t official purpose is Rs1800pm where car's capacity is below 1600cc & 2400 for above 1600cc & Rs900 pm for driver.

(2)where car is owned by employer but expenses are met by employee
then then amount to be deducted w.r.t official purpose is Rs1800pm where car's capacity is below 1600cc & 2400 for above 1600cc & Rs900 pm for driver.

BUT AS PER PADHUKA THIS LIMIT IS
BELOW 1600CC RS1200pm+600pm(DRIVER)
ABOVE 1600CC RS1600pm+600pm(DRIVER)

which is the correct one??
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VINOD ARORA

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VINOD ARORA (Expert)
02 August 2010 The correct one is Rs1800 pm where car's capacity is below 1600cc & Rs 2400 for above 1600cc.
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CA Punit

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CA Punit (Expert)
02 August 2010 Right..The limits have been revised
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Jitender

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Jitender (Expert)
02 August 2010 Singhania's book is correct.
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