Car Allowances and Reimbursements: How To Save Tax
How To Save Tax : Car Allowances and Reimbursements [AdSense-B]
Use Your Car, Avail Benefits Apaar! 😉
Company offers car expenses reimbursement to its employees if these expenses are incurred for official duties. This post will guide you how to save tax using car allowances and reimbursements.
Car owned by employee, expenses borne by employer
Income tax liability in this case is based on the purpose of use: private, official or both. …