Hi Seniors
We are introducing the car lease policy in our company from December'10. I want to know the following details;
1. The car will be used partly for personal and partly for official.
2. If company purchase the car and gives to the employee what is the perquisites taxation will have to taken care
3. If the car taken from third party (Leasee company) then what will be the Perquisites taxation.
Waiting for yours help through reply.
Regards
Ravi
We are introducing the car lease policy in our company from December'10. I want to know the following details;
1. The car will be used partly for personal and partly for official.
2. If company purchase the car and gives to the employee what is the perquisites taxation will have to taken care
3. If the car taken from third party (Leasee company) then what will be the Perquisites taxation.
Waiting for yours help through reply.
Regards
Ravi