04-30-2009, 03:25 PM
Yes it is against the nature but where law is silent then what did we do. If employer take the car back then usually at the time of tax return you dont have car with you then you need not to add 5% of cost in your salary
As it happen with me that I got company car in between the year and and 5% of cost it added there.
As it happen with me that I got company car in between the year and and 5% of cost it added there.