| Situation |
Description |
PERQUISITE VALUE |
Where Cubic capacity of engine does not exceed 1.6 liters (<1600cc)
|
Where Cubic capacity of engine exceeds 1.6 liters (>1600cc)
|
| (1) |
(2) |
(3) |
(4) |
|
(A) WHERE THE MOTOR CAR IS OWNED OR HIRED BY THE EMPLOYER
|
| (i) |
Such Motor Car is used wholly and exclusively by employee in performance of his
Official duties |
NIL
(subject to Note 1) |
NIL
(subject to Note 1) |
| (ii) |
Such Motor Car is used exclusively for
Private purposes of the employee or any member of his household and the running and maintenance expenses are met or reimbursed by the employer |
(a) Actual amount of expenditure incurred by the employer on die running and maintenance of motor car during the relevant previous year
(+)
(b) Remuneration, if any, paid by the employer to the chauffeur (+)
(c ) Normal wear and tear of the motor car @ 10% p.a of Actual cost of Motor Car (-)
(d) Any amount recovered from the employee for use of Motor car |
(a) Actual amount of expenditure incurred by the employer on die running and maintenance of motor car during the relevant previous year
(+)
(b) Remuneration, if any, paid by the employer to the chauffeur (+)
(c ) Normal wear and tear of the motor car (depreciation) (-)
(d) Any amount recovered from the employee for use of Motor car |
| (iii) |
Such Motor Car is used partly for
Private purposes of the employee or any member of his household & partly for performance of
Official duties wherein:- |
|
|
| (a) |
The expenses on maintenance and running are met or reimbursed by the employer |
Rs. 1,200 p.m (+)
Rs. 600 p.m (if chauffeur is also provided to run the motor car) |
Rs. 1,600 p.m (+)
Rs. 600 p.m (if chauffeur is also provided to run the motor car) |
| (b) |
The expenses on running and maintenance for such private or personal use are fully met by the assessee |
Rs. 400 p.m
(+)
Rs. 600 p.m (if chauffeur is also provided to run the motor car) |
Rs. 600 p.m
(+)
Rs. 600 p.m (if chauffeur is also provided to run the motor car) |
|
(B) WHERE THE EMPLOYEE OWNS A MOTOR CAR BUT THE ACTUAL RUNNING AND MAINTENANCE CHARGES (INCLUDING REMUNERATION OF THE CHAUFFEUR, IF ANY) ARE MET OR REIMBURSED TO HIM BY THE EMPLOYER |
| (i) |
Such reimbursement is for the use of the vehicle wholly and exclusively for Official purposes |
NIL
(subject to Note 1) |
NIL
(subject to Note 1) |
| (ii) |
Such Motor Car is used exclusively for Private purposes of the employee or any member of his household and the running and maintenance expenses are met or reimbursed by the employer* |
(a) Actual amount of expenditure incurred by the employer on running and maintenance of motor car during the relevant previous year
(+)
(b) Any amount recovered from the employee for use of Motor car |
(a) Actual amount of expenditure incurred by the employer on running and maintenance of motor car during the relevant previous year
(+)
(b) Any amount recovered from the employee for use of Motor car |
| (iii) |
Such reimbursement is for the use of the vehicle partly for performance of Official duties and partly for
Private purposes of the employee or any member of his household* |
(a) The actual amount of expenditure incurred by the employer (-)
(b)[Rs. 1,200 p.m (+) Rs. 600 p.m (if chauffeur is also provided to run the motor car)]
(BUT subject to Note 1) |
(a) The actual amount of expenditure incurred by the employer (-)
[Rs. 1,600 p.m (+)
(b) Rs. 600 p.m (if chauffeur is also provided to run the motor car)]
(BUT subject to Note 1) |
|
(C) WHERE THE EMPLOYEE OWNS ANY OTHER AUTOMOTIVE CONVEYANCE (not being a CAR) BUT THE ACTUAL RUNNING AND MAINTENANCE CHARGES ARE MET OR REIMBURSED TO HIM BY THE EMPLOYER |
| (i) |
Such reimbursement is for the use of the vehicle wholly and exclusively for
Official purpose |
NIL (subject to Note 1) |
Not Applicable |
| (ii) |
Such reimbursement is for the use of the vehicle partly for performance of
Official duties and partly for Private purposes of the employee or any member of his household |
(a) The actual amount of expenditure incurred by the employer (-)
(b)Rs. 600 p.m
(BUT subject to Note 1) |
|
NOTES:
-
Where the employer or the employee claims that the motor-car is used wholly and exclusively in the performance of official duties or that the actual expenses on the running and maintenance of the motor-car owned by the employee for official purposes is more than the amounts deductible in Situation No. B(iii) or C(ii) of Table II, he may claim a higher amount attributable to such official use and the value of perquisite in such a case shall be the actual amount of charges met or reimbursed by the employer as reduced by such higher amount attributable to official use of the vehicle provided that the following conditions are fulfilled:-
-
The employer has maintained complete details of journey undertaken for official purposes which may include Date of journey, Destination, Mileage, and the amount of expenditure incurred thereon;
-
The employer gives a Certificate to the effect that the expenditure was incurred wholly and exclusively for the performance of official duties.
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