FBT: maintenance for car exp.

CA Dushyant Maharishi (CA) (178 Points)

26 February 2008  

The maintenance for car exp. is included in FBT, but is the depreciation for car should be taken in that exp.? and how? means it should be taken quarter wise or half yearly? How can the amt. of dep. should be taken in the calculation of maintenance exp. for the purpose of FBT?