Sir, Employee is having his own car to reduce the expenses of the company. If you Tax the amount(after giving deduction of Rs.1800/=) received from employer, it is very difficult for employee to earn salary.
Sir, you have given benefit for Co's car. But all the employees may not be eligible to get co's car in certain company. Hence, request to re-consider from Income Tax point of view. give low % of Income tax.
