Nitin (article) (32 Points)
11 April 2010(Rates for Motor Car are 1200,1600 for cars respectively as per C.C. and 600 is the drivers limit)as per V.K.Singhania
book for may 10 pcc
But rates are revised to 1800,2400 and 900 (nowhere given in Singhania)
Please let me know which rates are to be followed and if i follow the earlier rates,will it be viable.....
CA VISHAL RANA,CS,B.Com,AMFI
(Chartered Accountant in Whole Time Practice)
(4354 Points)
Replied 11 April 2010
Rule 3 salary motor car perk as per ICAI notification take the old rates 1200 for small car and 1600 for big car & 600 for driver
CAclubindia
