Perquisites- Motor car 1600cc

Owner

R&M by

Use

Engine CC ≤ 1.6 ltr.

Employer

Employer

Only Personal^{^}

^Employee/Household Mem.

Actual expenditure incurred by employer for running and maintenance
(+) chauffeur remuneration by employer
(+) amount of normal wear and tear
(10% p.a. of actual cost of MC)
(-) amount charged from employee for use

Employee

Employer

Only Personal^{^}

^Employee/Household Mem.

Actual expenditure incurred by employer for running and maintenance
(+) chauffeur remuneration by employer
(-) amount charged from employee for use

Note: Only wear and tear not included like when MC owned by employer, rest same