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  • FBP-Car Fuel

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    John Fedric
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    This document outlines the details required for claiming car fuel and maintenance expenses incurred by an employee from April 1st 2022 to March 31st 2023. It requests the employee's name, code, car details, expense period, itemized expenses with bill numbers and dates, and total expenses. It notes that original bills from the claimed period only with the current employer should be submitted. The signature of the employee is also required. It provides information that if the car is used wholly for private purposes, all reimbursements are taxable, but if for both private and official use, taxable amount is calculated based on car cubic capacity and monthly exemption rates provided.

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    This document outlines the details required for claiming car fuel and maintenance expenses incurred by an employee from April 1st 2022 to March 31st 2023. It requests the employee's name, code, car details, expense period, itemized expenses with bill numbers and dates, and total expenses. It notes that original bills from the claimed period only with the current employer should be submitted. The signature of the employee is also required. It provides information that if the car is used wholly for private purposes, all reimbursements are taxable, but if for both private and official use, taxable amount is calculated based on car cubic capacity and monthly exemption rates provided.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    14 views1 page

    FBP-Car Fuel

    Uploaded by

    John Fedric
    This document outlines the details required for claiming car fuel and maintenance expenses incurred by an employee from April 1st 2022 to March 31st 2023. It requests the employee's name, code, car details, expense period, itemized expenses with bill numbers and dates, and total expenses. It notes that original bills from the claimed period only with the current employer should be submitted. The signature of the employee is also required. It provides information that if the car is used wholly for private purposes, all reimbursements are taxable, but if for both private and official use, taxable amount is calculated based on car cubic capacity and monthly exemption rates provided.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    CMPSS India Tech LLP

    Details of Car Fuel & Maintenance Expenses Incurred From 1st April 2022 To 31st March 2023

    Name of the Employee


    Employee Code
    Car Name & CC (Copy of RC is to be attached)
    Period From / / To / /

    S. No. Particular Bill No Date Amount


    1
    2
    3
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16

    Total

    (Note : Please submit all the bills in original. The bills should be dated 01st April 2022 to 31 st March 2023.)
    • If employee Joined mid year, reimbursement bills will be consider from joining date
    • Receipts should be for the period with the current employer only

    Date
    Place (Signature of the Employee)

    If car is used wholly for private purpose then entire reimbursements paid are taxable.

    However, if car is used for both private and official purpose, then taxable amount is calculated on the basis of the following :

    * Value used for official purpose is calculated on the basis of cubic capacity of a car.

    If cubic capacity of the car is below 1.6 liters i.e. 1600CC, expenses for use of the car are considered at the rate of Rs. 1,800/- p.m. for Exemption
    If cubic capacity of the car is above 1.6 liters i.e. 1600CC, expenses for use of the car are considered at the rate of Rs. 2,400/- p.m. for Exemption

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