what is the treatment of car facility in which car is owned by employee and all expenditure are paid by employer. The engine cubic capacity is below 1.60 liters. Motor car is used for both official and personal purposes.
(Employee is not a specified employee)
Menu
Taxable perquisite under the head of salary
Replies (1)
It's not a taxable perquisite
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
