Need clarification from income tax point of view if the following scenarios is admissible as per income tax.
Employee A is a sales person and opts a company Leased Vehicle and company pays for Lease rental, maintenance and fule card (Rs.7000 per month)
Same employess also claims monthly mileage for sales calls at a falt rate of example Rs.20000/- per month for use of car.
Is this an allowed expenditure?
CAclubindia
