Trending @HCL; The car allowance and vehicle maintenance in salary is taxable or not
Worst policies it’s better to buy directly from outside. I purchased my car directly without HCL car policy. And the fuel reimbursement policy sucks. Who pays Rs.7 per km even uber people are taking more than this. Worst company policies, not useful at all. I made my flexi to 0 as no clarity about these policies and to save tax if we use flexi the in hand salary will be less. This is my personal choice, if anyone use flexi for better plz share your experience
Have taken this as salary component but while filing ITR can i show this amount as deduction
The amount will be blocked and once you submit the fuel and maintenance bills you will get reimbursement and that will be non taxable, any remaining balance will be credited back in April with tax deduction
