Question

इस फैसिलिटी ऑफ मोटर कार फॉर नॉट स्पेसिफाइड एंप्लोई टैक्सेबल? Is facility of motor car for non specified employee taxable?

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Answer 1

Motor car provided W.e.f. 1-4-2008, if an employer providing such by the employer facility to his employee is not liable to pay fringe benefit tax, the value of such perquisite shall be : a) Nil, if the motor car is used by the employee wholly and exclusively in the performance of his official duties.