Perquisites
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 May 2011
Dear Sir,
As per the Car perquisite valuation rules, if the employee-owned car is used for official purpose then, it is not taxable in the hands of employee.
What is the meaning of official purpose? If the employee uses the car daily to commute to his office from home and back, can this be called as used for official purpose?
As per the Car perquisite valuation rules, if the employee-owned car is used for official purpose then, it is not taxable in the hands of employee.
What is the meaning of official purpose? If the employee uses the car daily to commute to his office from home and back, can this be called as used for official purpose?
30 May 2011
No commuting to office from home will not be treated as official purpose .
Official purpose means doing official work means doing the work that is required for rendering your duties toward organisation .
Thanks
No commuting to office from home will not be treated as official purpose .
Official purpose means doing official work means doing the work that is required for rendering your duties toward organisation .
Thanks
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