02 February 2012
Company reimburse the petrol expneses(Rs.9000/- P.M.) and Driver allowances(Rs.8000/-P.M.) incurred by the employee for commuting from residence to office and from office to reidence. The Car is owned by the employee and the capacity of the car exceeds 1.6 ltr.
Can I allow full amount of Driver allowances to employee as non Taxable
02 February 2012
My view,. this will be treated as person usage of car only. no element of official usage of car involved. so cannot give deduction for this portions
CAclubindia
