Car perks

This query is : Resolved 

28 October 2014 if I m eligible for car from my company. .but I choose to have car cost in cash in my salary...ie car cost/60 mths. ..then whether it is taxable fully to me

28 October 2014 The sum received by you is taxable under the head Income from Salary.

28 October 2014 Yes, amount so received is fully taxable perquisite.





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