Query regarding F.B.T
This query is : Resolved
14 June 2008
If a company owns a car expenditure related to that car is attracted for fbt
but in the case where the company hie a car whether the hire charges & expenditure related ie petrol, maintenance is attracted for F.B.t
but in the case where the company hie a car whether the hire charges & expenditure related ie petrol, maintenance is attracted for F.B.t
14 June 2008
YES
14 June 2008
only owned car are under fbt,expenditure incurred for hired & leased car is outside the purview of fbt.
14 June 2008
Mr Amit is right.
Mr. Jaya & others even I have a question, when the staff is utilising the car, why fbt will not be calculated on hire charge.
afterall its a Frieng benifit utilising by the staff.
Mr. Jaya & others even I have a question, when the staff is utilising the car, why fbt will not be calculated on hire charge.
afterall its a Frieng benifit utilising by the staff.
15 June 2023
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