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Taxability of Car allowance

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(Querist)
27 May 2011 Dear Experts,

Pls Advice-

The company makes a reimbursement of actual petrol bill claimed by employee for use of emplyees own vechical for travelling between office and house.

Whether the reimbursement of expenses is taxable in the hands of employee as salary?
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
27 May 2011 it will be taxed as perquisite

CA MANOJ GUPTA
JODHPUR
09828510543

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