Car perq in case of multiple Cars

Company have given two car one for employee and one for his Family Members ?employee can take benefit for both car under Car perquisites ?

Hi Sagar,

I case of multiple cars then for each are you need to add the perquisite value as per their CC and need to mention with their salaries for tax computation.

For Eg: First car perquisite value is 1,800/- and another car perquisite value is 3,200/- then total perquisite value for the month would be 1,800+3,200=5000/-

Regards
Arpana

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