1. |
- |
Lump-sum payment made gratuitously or by way of compensation or otherwise to widow or other legal heirs of an employee who dies while still in active service [Circular No. 573, dated 21-08-1990] |
Fully exempt in the hands of widow or other legal heirs of employee |
2. |
- |
Ex-gratia payment to a person (or legal heirs) by Central or State Government, Local Authority or Public Sector Undertaking consequent upon injury to the person or death of family member while on duty [Circular No. 776, dated 08-06-1999] |
Fully exempt in the hands of individual or legal heirs |
3. |
- |
Salary received from United Nation Organization [Circular No. 293, dated 10-02-1981] |
Fully exempt |
4. |
10(6)(ii) |
Salary received by foreign national as an officials of an embassy, high commission, legation, consulate or trade representation of a foreign state |
Fully exempt if corresponding official in that foreign country enjoys a similar exemption |
5. |
10(6)(vi) |
Remuneration received by non-resident foreign citizen as an employee of a foreign enterprise for services rendered in India, if:
a) Foreign enterprise is not engaged in any trade or business in India
b) His stay in India does not exceed in aggregate a period of 90 days in such previous year
c) Such remuneration is not liable to deducted from the income of employer chargeable under this Act |
Fully exempt |
6. |
10(6)(viii) |
Salary received by a non-resident foreign national for services rendered in connection with his employment on a foreign ship if his total stay in India does not exceed 90 days in the previous year. |
Fully exempt |
7. |
- |
Salary and allowances received by a teacher /professor from SAARC member state (Subject to certain conditions). |
Fully exempt |
S. No. |
Circumstances |
Engine Capacity up to 1600 cc |
Engine Capacity above 1600 cc |
1 |
Motor Car is owned or hired by the employer |
1.1 |
Where maintenances and running expenses including remuneration of the chauffeur are met or reimbursed by the employer. |
1.1-A |
Used wholly and exclusively in the performance of official duties. |
Fully exempt subject to maintenance of specified documents |
Fully exempt subject to maintenance of specified documents |
1.1-B |
Used exclusively for the personal purposes of the employee or any member of his household. |
Actual amount of expenditure incurred by the employer on the running and maintenance of motor car including remuneration paid by the employer to the chauffeur and increased by the amount representing normal wear and tear of the motor car at 10% per annum of the cost of vehicle less any amount charged from the employee for such use is taxable value of perquisite. |
1.1-C |
The motor car is used partly in the performance of duties and partly for personal purposes of the employee or any member of his household. |
Rs. 1,800 per month (plus Rs. 900 per month, if chauffeur is also provided to run the motor car) shall be taxable value of perquisite |
Rs. 2,400 per month (plus Rs. 900 per month, if chauffeur is also provided to run the motor car) shall be taxable value of perquisite |
Nothing is deductible in respect of any amount recovered from the employee. |
1.2 |
Where maintenances and running expenses are met by the employee. |
1.2-A |
Used wholly and exclusively in the performance of official duties. |
Not a perquisite, hence, not taxable |
Not a perquisite, hence, not taxable |
1.2-B |
Used exclusively for the personal purposes of the employee or any member of his household |
Expenditure incurred by the employer (i.e. hire charges, if car is on rent or normal wear and tear at 10% of actual cost of the car, if car is owned by the employer) plus salary of chauffeur if paid or payable by the employer minus amount recovered from the employee. |
1.2-C |
The motor car is used partly in the performance of duties and partly for personal purposes of the employee or any member of his household |
Rs. 600 per month (plus Rs. 900 per month, if chauffeur is also provided to run the motor car) shall be taxable value of perquisite |
Rs. 900 per month (plus Rs. 900 per month, if chauffeur is also provided to run the motor car) shall be taxable value of perquisite |
Nothing is deductible in respect of any amount recovered from the employee. |
2 |
Motor Car is owned by the employee |
2.1 |
Where maintenances and running expenses including remuneration of the chauffeur are met or reimbursed by the employer. |
2.1-A |
The reimbursement is for the use of the vehicle wholly and exclusively for official purposes |
Fully exempt subject to maintenance of specified documents |
Fully exempt subject to maintenance of specified documents |
2.1-B |
The reimbursement is for the use of the vehicle exclusively for the personal purposes of the employee or any member of his household (taxable in case of specified employee as well as non-specified employee) |
Actual expenditure incurred by the employer minus amount recovered from the employee |
2.1-C |
The reimbursement is for the use of the vehicle partly for official purposes and partly for personal purposes of the employee or any member of his household. |
Actual expenditure incurred by the employer minus Rs. 1800 per month and Rs. 900 per month if chauffer is also provided minus amount recovered from employee shall be taxable value of perquisite. |
Actual expenditure incurred by the employer minus Rs. 2400 per month and Rs. 900 per month if chauffer is also provided minus amount recovered from employee shall be taxable value of perquisite. |
3 |
Where the employee owns any other automotive conveyance and actual running and maintenance charges are met or reimbursed by the employer |
3.1 |
Reimbursement for the use of the vehicle wholly and exclusively for official purposes; |
Fully exempt subject to maintenance of specified documents |
Fully exempt subject to maintenance of specified documents |
3.2 |
Reimbursement for the use of vehicle partly for official purposes and partly for personal purposes of the employee. |
Actual expenditure incurred by the employer as reduced by Rs. 900 per month |
Not Applicable |