Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles Highlights
        Home        
 
Discussions Forum
Home Forum Income Tax This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

personal car used for official purpose, Income Tax

Issue Id: - 113841
Dated: 11-6-2018
By:- surya transco
personal car used for official purpose

  • Contents

sir,

we have been paid ₹ 10000 p.m. and reflected in the salary slip as "personal car used for official purpose" and used the vehicle for residence to office and back and also using the same vehicle for official purpose like meeting consultant offices, other government offices etc. ( Self driving)

Any exemption is permitted for the financial year 2018-19 other than ₹ 40000/- towards standard deduction.

Kindly clarify, any register is required to be maintained for using the vehicle for official purpose and whether the vehicle is used for office to residence can be treated as official purpose. Any authendication required in the register or any certificate is required to be produced to the employer for claiming exemption or it is fully taxable.

regards

Suresh.

Post Reply

Posts / Replies

Showing Replies 1 to 1 of 1 Records

1 Dated: 6-7-2018
By:- DR.MARIAPPAN GOVINDARAJAN

It is better to maintain register as to the use of car for official use as well as personal use.


1

Post Reply

← Previous Next →
Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.