Query-Salary amend imp

Tax queries 333 views 1 replies

(Rates for Motor Car are 1200,1600 for cars respectively as per C.C. and 600 is the drivers limit)as per V.K.Singhania

book for may 10 pcc

But rates are revised to 1800,2400 and 900 (nowhere given in Singhania)

Please let me know which rates are to be followed and if i follow the earlier rates,will it be viable.....

Replies (1)

Rule 3 salary motor car perk as per ICAI notification take the old rates 1200 for small car and 1600 for big car & 600 for driver


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