Insurance on New Car is taxable for FBT?

This query is : Resolved 

27 December 2008 Is Insurance amt of New Car included in asset value ? Is FBT charge on Insurance ?

27 December 2008 Insurance on fixed assets how fbt ?

27 December 2008 Yes. Visit http://www.thehindubusinessline.com/2005/08/06/stories/2005080600171100.htm




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries