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Reply from Satish_Latti on Apr 8 at 4:52 AM Hi..It is LTA provision as you telling but my requirement is who is using partly for company or personal this details not submitted to HR dept. then it should be consider taxable nw. So how can consider this scenario in the system.
Below car 1600 CC
Petrol & Maintenance 10,000.00
Monthly Stand Prov 1800.00
Total Monthly 8,200.00
Petrol Ann Perk 98400.00
Driver Salary 7,500.00
Monthly Stand Prov 900.00
Total Monthly 6,600.00
Driver Ann Perk 79200.00
Total Taxable Perk 177600.00
| | | ---------------Original Message---------------
From: praneeth1406
Sent: Tuesday, April 08, 2014 4:36 AM
Subject: Perk Calculation on Car Owned by Employee Company Provided Maintenance Charges
Hi,
In that case give exemption amount in the IT 0582 with tax codes, if you maintain the amount it is exemption and if not taxable. check in this way may be your issue will solve |
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