28 September 2010
We are reimbursing following exp against submission of bills to one of our employee as salary part. Usage of car is for both personal & official use.
Rs. 8000/-p.m. as fuel & maintennce expenses Rs. 3000/-p.m. as attire expenses Rs. 6000/-p.m. as driver expenses Rs. 2000/- p.m. as Telephone expenses
My query is how much amtount will be taxable p.m. out of this as perquisites?
CAclubindia
