Car allowance
This query is : Resolved
25 March 2014
Dear sir,
Whether the car allowance provided by the employer is exempt from tax?Whether any exemption limit is applicable?
Thank you
Whether the car allowance provided by the employer is exempt from tax?Whether any exemption limit is applicable?
Thank you
25 March 2014
it exempt to the extent of actual exp so any allowance in excess is taxable....
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