Hello friends, any one please guide on this, my client wants to implement car perquisite. There is a simple requirement employer will provide a car to the employee and perquisite should get calculated as per imcome tax rule based on car Cc.For this I choose COCS EMPLOYER MAINTAINED option and I did my configuration related to this and its calculating also.Here my doubt is when I am maintaining IT583 , later its triggering to IT0008, in what scenario do I need to maintain IT0008.As of now they just want car, but they need driver requirement should also be there, it is also working in standard.Wanted to know what is the use of IT0008 here with the new wage type.
Please help to understand this
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