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FBT on Repair Plant and Machinery in Manufacuring Unit

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(Querist)
24 September 2009 Dear Sir,

FBT is applicable on not for Repair and Maint Plant and Machinery in Manufacturing Unit
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CA Vanesh Nadar

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CA Vanesh Nadar (Expert)
24 September 2009 It's not Applicable for Plant & Machinery Repairs in an =Manufacturing Unit.
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Ratan Sharma

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Ratan Sharma (Expert)
25 September 2009 Agree with expert. FBT is chargeable on the indirect benefits/advantages given to employee.
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Sreedhar Atchutuni ACA,GradCWA

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Sreedhar Atchutuni ACA,GradCWA (Expert)
25 September 2009 FBT is removed from FY 2009-10.If the above expenditure relates to FY 2008-09 then FBT is not applicable.

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