Travelling include travel from vehicle
This query is : Resolved
02 April 2009
Hello Sir/Madam
Clear me that when a people hire a vehicle for travelling outside the city/state or use his own vehicle for visit outside the city/state then the Fuel expenses come under which head whether it come under travelling and pay FBT @5% or it should come under vehicle running & Maintainace and Pay FBT@20%.
Clear me that when a people hire a vehicle for travelling outside the city/state or use his own vehicle for visit outside the city/state then the Fuel expenses come under which head whether it come under travelling and pay FBT @5% or it should come under vehicle running & Maintainace and Pay FBT@20%.
02 April 2009
If you travel by own vehicle of the company then it will become vehicle running and maintenance and pay fbt at 20%.
If the vehicle is hired from outside then it will become travelling and pay fbt at 5%.
If you travel by own vehicle of the company then it will become vehicle running and maintenance and pay fbt at 20%.
If the vehicle is hired from outside then it will become travelling and pay fbt at 5%.
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