About a year back my company changed our salary structure and included certain “fringe benefits”, carved out of the special allowance towards reimbursement against bills of actual expense for the following,

Books/Periodicals
4-Wheeler maintanence
LTA

In my case i claim Rs 8000 a month towards vehicle expense from my employer, for a car (1000 cc) owned by me.

The car is for private use only and the employer reimburses vehicle maintainance, driver salary, insurance and fuel cost, upto Rs 8000 a month on producing bills for the same.

My question is what would be the additional burden on tax is any per month and can you illustrate the excellent post by the way of an example?

About a year back my company changed our salary structure and included certain “fringe benefits”, carved out of the special allowance towards reimbursement against bills of actual expense for the following,

Books/Periodicals
4-Wheeler maintanence
LTA

In my case i claim Rs 8000 a month towards vehicle expense from my employer, for a car (1000 cc) owned by me.

The car is for private use only and the employer reimburses vehicle maintainance, driver salary, insurance and fuel cost, upto Rs 8000 a month on producing bills for the same.

My question is what would be the additional burden on tax is any per month and can you illustrate the excellent post by the way of an example?