11-16-2011, 10:56 PM
under the head of salary, the deductions are not allowed but exemption are allowed i.e medical facility is exempt upto 10 percent of basic salary, and in case of car if it is used wholly for business puposes then it is exempt and if partly use for business purpose and partly for personal then 5% of the cost of car is taxable bt if the car is totally for personal use then 10% of the cost of car is taxable etc ...
