S Anand (employed) (33 Points)
13 February 2010Dear Friends,
Aprat from my salary I'm getting Driver Salary for Rs.7,000/-pm & Car Mnt. for Rs.3,000/-pm. Earlier I had submitted bills and get it by cash. Now, they don't want bills and credit to my salary a/c. my question is how much I can avail TAX exemption with regards to Driver salary & Mnt. exp.?
kumar vivek
(CA)
(190 Points)
Replied 19 February 2010
When driver's salary & Car maintenance have become a part of your Salary, there's nothing much u can do to save tax on that since they form part of your salary as non-monetary perquisites
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