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Corporate Lease On Cars To End As Per Government. This is a discussion on Corporate Lease On Cars To End As Per Government within Indian Auto Sector. Part of The Auto Talk category; Corporate lease on cars used to save on tax is going to be abolished So people planning for a corporate ... |
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23rd April 2012, 08:27 AM
| #1 |
| V10   Join Date: May 2011 Location: delhi
Posts: 1,708
|  Corporate Lease On Cars To End As Per Government Corporate lease on cars used to save on tax is going to be abolished  So people planning for a corporate lease plz take note  For the salaried, GAAR can be invoked to deny tax benefit - The Economic Times |
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23rd April 2012, 08:34 AM
| #2 |
| Honoured Member   Join Date: Aug 2011 Location: Meerut, U. P.
Posts: 6,084
Award Points: 50
|  Re: Corporate lease on cars to end as per govt Read it and as per them: Any practice which people carry out for avoiding taxes will levy interest and penalties,if ITOs find it. Those income tax officers themselves will tell us the loopholes of this system for just a cup of tea. And then have you heard a word called CA?If yes,then those people are meant for this work only... In other words "NO ISSUES".. |
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23rd April 2012, 10:39 AM
| #4 |
| Honoured Member Join Date: Aug 2011 Location: Meerut, U. P.
Posts: 6,084
Award Points: 50
| Re: Corporate lease on cars to end as per govt Let's see what Mercedes Benz do. Still I am quite sure that they will carry on their lease plans.Why?Because they have faith on the CAs of their customers with hefty bank balances. |
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