state gov MP Vyapam AAO (Group 2 Sub Group 2) Mock Test 2022 Income-tax and Corporate Tax Planning Income-tax
Mr A, an employee, has been provided by his employer, a motor car of 1.3 litre capacity which is owned by the employer. The car has been used for personal as well as office purpose. Running expenses are paid by the employer. What will be the value of taxable perquisite for the PY 2019-20, assuming that chauffeur facility is not being provided?
1
Rs. 1600 per month
2
Rs. 2400 per month
3
Rs. 3300 per month
4
Rs. 1800 per month