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Tds on salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 April 2013 Car Lease Charges Rs.30,000/- are paid by employer to employee. The car is used partly for official and partly for personal purposes.
Whether employee will be liable to pay tax on this amount ? Employer will have to deduct tds on this amount ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 July 2013 Yes, it is taxable in the hands of employee, based on the car capacity

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