08-03-2006, 05:12 PM
ok members let me put it in another way;
Mushtaq recieved RS 50000 as conveyance allowance.
he has been provided with a car which is used both for personal and business use,and the employee spent Rs 30000 on running of the car.
Now my question is that how much amount will be included in the taxable income of Mushtaq.
regards
shukla
Mushtaq recieved RS 50000 as conveyance allowance.
he has been provided with a car which is used both for personal and business use,and the employee spent Rs 30000 on running of the car.
Now my question is that how much amount will be included in the taxable income of Mushtaq.
regards
shukla