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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2010 Car is own by employer & maintaned by employer use for both purpose .Wt's tax tretment .A.Y- 10-11
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
28 September 2010 if the vehicle is less than or equal to 1.6 CC engine capacity : Perk value = Rs. 1800/- per month.

if the vehicle is more than 1.6 CC engine capacity : Perk value = Rs. 2400/- per month.

& if the driver is also being provided by the employer : add Rs. 900/- in both the above cases.
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Querist : Anonymous

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Querist : Anonymous (Querist)
01 October 2010 Tanks u .Sir
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