05-01-2009, 07:29 PM
lolzzzzzzzzzzzzzzzz, what a jock zaheer,
It means, if at the month of May employee give back vehicle to the employer, it will exempt from 5% of Cost of Vehicles.
Think if employer provide accommodation to the employee, way you add 45% of the basic into Taxable income for monthly basic?
If, an employer hire a car monthly rent 30,000, & give this car to an Employee for use at July and after 5 months employer take back this car & give another employee at the month of December, and after 5 month get back this car.
Now question is that.
What amount u will add into Taxable income of 1st employee?
What amount u will add into Taxable income of 1st employee?
Whether, these employees are exempt to add 5% of cost into taxable income, because they doesnât have any vehicle at the month of June?
It means, if at the month of May employee give back vehicle to the employer, it will exempt from 5% of Cost of Vehicles.
Think if employer provide accommodation to the employee, way you add 45% of the basic into Taxable income for monthly basic?
If, an employer hire a car monthly rent 30,000, & give this car to an Employee for use at July and after 5 months employer take back this car & give another employee at the month of December, and after 5 month get back this car.
Now question is that.
What amount u will add into Taxable income of 1st employee?
What amount u will add into Taxable income of 1st employee?
Whether, these employees are exempt to add 5% of cost into taxable income, because they doesnât have any vehicle at the month of June?
