income tax
This query is : Resolved
17 September 2008
whether insurance on vehicle is subject to FBT.
if yes please specify the rerevant circular no.
if yes please specify the rerevant circular no.
18 September 2008
there is no specific circular in this regard.
as per some authors, it is running & maintenance of vehicle cost & some authors does not treat this as liable to fbt.
as per some authors, it is running & maintenance of vehicle cost & some authors does not treat this as liable to fbt.
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