An existing employee of the company get the reimbursement of his personal car which he uses for the official purposes & is taxed as per the IT Act. Now the company has provided him with a car & reimburses all the expenses related to the car. Now will the reimbursement received by him previously for his personal car be fully taxable.
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Taxable perquisite
Replies (1)
if its use for the purpose of official work only then there is no preq so not taxable at all
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