Hi Sir / Madam ,
can we add in salary components of Vehicle Maintainenance and Driver allowance of 3,36,000 and 1,80,000 per annum .
for Directors and Senior Manager .
if we can add as a salary components is their any limit or above amounts can be paid .
the vehicle is owned by employee he uses for personal and official .
please give your valuable inputs
thanks
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vehicle Maintainenace & Driver Allowance
Replies (3)
336000 and 180000 are perquisites and the same needs to be taxed in the hands of directors
sir can we make it as CTC of director and pay as salary
perquisites are nothing but the salary . so deduct tds on salary plus perquisites
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