Vehicle to be bought by company/employee.

Hi ppl,

I have recently been told to make a comparison of tax benefits arising out of 3 options:

1. Vehicle bought by employee.

2. Vehicle bought by company.

3. Company leasing the Vehicle.

Acc to me, last option is the best, but wud really appreciate any guidance on the tax benefits in each case (especially first 2, as our company is keen to go for either of them)