Salary

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2010 Car is own by employer & maintaned by employer use for both purpose .Wt's tax tretment .A.Y- 10-11

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

28 September 2010 if the vehicle is less than or equal to 1.6 CC engine capacity : Perk value = Rs. 1800/- per month.

if the vehicle is more than 1.6 CC engine capacity : Perk value = Rs. 2400/- per month.

& if the driver is also being provided by the employer : add Rs. 900/- in both the above cases.

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2010 Tanks u .Sir

Upgrade to CAclubindia Pro. Subscribe Now!