Valuation of Perquisites

New Direct Tax Code 1030 views 5 replies

 I have some doubt regarding valuation of perquisite in case of Car provided by employer to employee. [ sec. 17 (2) (iii) / (iv) ]

Replies (5)

KINDLY ASK UR DOUBT.. 

What is the querry?

 i'm not sure abt  valuation rules i.e., the amount ( is it Rs. 1600 or 1800???)??

Hi Prakash,

The Amount u r asking is Rs. 1800.

Pls clarify the cc of the car and whether the chaffeaur is provided and/or the expenses are reimbursed or paid by the employer or not.


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