Hi Seniors,
I want to know about the Perquisites in respect of Motor Car.
1. We are providing Only Driver to employee and he is claiming the salary paid to Driver and we are reimbursing the same to employee. I would like to know the taxability (perqusistes) of Driver Salary reimbursement to employee without any other payments for maintenanced of car or fuel.
2. The car is owned by the employee and even the maintenance is also take care by the employee.
Request all of you to please help on this.
Regards
Ravi
CAclubindia
