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Fuel & Maintaninance Option
by Sonal Shrivastava on May 02, 2007 05:13 PM   Permalink

Hi,

What is this Fuel & Maintainance option, using which an employee can save Income tax up to 150000 ( deduct FBT of 10%)if I am having a car registered on my name and car capacity is more than 1000CC.

Please provide the details under whcih section an employee can avail this facility.

Thanks
SS

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The above message is part of the Discussion Board:
All these incomes are tax-free