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Microlesson · 5-min read

Valuation of Motor Car Perquisite [Rule 3(2)]

## Valuation of Motor Car Perquisite [Rule 3(2)]

When an employer provides a motor car to an employee, whether it creates a taxable perquisite — and how much — depends on three questions:

1. Who owns the car? (Employer or Employee)

2. Who meets the running/maintenance expenses? (Employer or Employee)

3. For what purpose is it used? (Only official / Only personal / Both)

### Key threshold

The valuation splits on engine capacity: up to 1.6 litres (cubic capacity) vs more than 1.6 litres. A chauffeur, if provided, adds a flat ₹900 p.m.

### Case 1 — Car owned by Employer, expenses met by Employer

UseGross Perquisite Value
Only officialNil (records must be maintained)
Only personalActual cost to employer = 10% p.a. of original cost (own car) or actual rent (hired) + actual running expenses
Both official & personal — up to 1.6L₹1,800 p.m. (+₹900 p.m. if chauffeur)
Both official & personal — above 1.6L₹2,400 p.m. (+₹900 p.m. if chauffeur)

### Case 2 — Car owned by Employer, expenses met by Employee

Use (both official & personal)Gross Perquisite Value
Up to 1.6L₹600 p.m. (+₹900 p.m. if chauffeur)
Above 1.6L₹900 p.m. (+₹900 p.m. if chauffeur)

### Case 3 — Car owned by Employee, expenses met by Employer

UseGross Perquisite Value
Only officialNil (records must be maintained)
Only personalRunning expenses reimbursed by employer (taxable for ALL employees)
Both personal & officialActual expenses reimbursed minus deemed official value (₹1,800 p.m. up to 1.6L / ₹2,400 p.m. above 1.6L) minus ₹900 p.m. if driver provided

> For higher deduction of official expenses in Case 3, the employer must maintain additional records and issue a certificate.

### Important rules to remember

  • 'Month' = calendar month, and value is charged for a month or part of a month.
  • A car provided by the employer is taxable only for specified employees (Cases 1 & 2).
  • Reimbursement of running/maintenance of an employee-owned car used personally is taxable in the hands of ALL employees.
  • Residence-to-office travel in an employer-provided vehicle is NOT a perquisite.
  • Any amount recovered from the employee is deducted from the gross perquisite value.

### More than one car

  • First car: valued as 'both official and personal'.
  • Each additional car: valued as exclusively for personal use.

### Other vehicle (not a car)

Where the employee owns a non-car vehicle, expenses are met by the employer, and it is used for both purposes:

> Perquisite = Actual expenses incurred by employer − ₹900 p.m.

Worked example

### Example 1

Example (employer-owned car, both uses): Engine capacity 1.4L, employer meets all expenses, used for official + personal, chauffeur provided.

Perquisite = ₹1,800 p.m. + ₹900 p.m. (chauffeur) = ₹2,700 p.m. → ₹2,700 × 12 = ₹32,400 for the year (taxable for specified employees).

### Example 2

Example (employee-owned car, reimbursement, both uses): Employee owns a 1.8L car. Employer reimburses ₹60,000 running expenses for the year; no driver.

Deemed official value (above 1.6L) = ₹2,400 × 12 = ₹28,800.

Taxable perquisite = ₹60,000 − ₹28,800 = ₹31,200 (unless higher official portion is substantiated by records + certificate).

### Example 3

Example (two cars): Employer provides two cars (both ≤1.6L, expenses met by employer) for official + personal use.

Car 1 = ₹1,800 p.m. (official + personal basis).

Car 2 = treated as exclusively personal → actual cost (10% p.a. of cost + actual running expenses).

Total = Car 1 value + Car 2 value.

⚠️ Common exam mistakes

  • Treating an employer-provided car as taxable for ALL employees — it is taxable only for specified employees.
  • Charging the perquisite per completed month — it is charged for a month or part of a month.
  • Forgetting the +₹900 p.m. chauffeur addition, or wrongly scaling it by engine capacity (it is a flat amount).
  • Taxing residence-to-office travel as a perquisite — it is specifically excluded.
  • Valuing every car in a multi-car situation at the 'both uses' rate instead of treating additional cars as exclusively personal.
  • Forgetting to deduct the amount recovered from the employee.
Reference: Rule 3(2) — Income-tax Rules, 1962
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