A learner (Corporate Accounts ) (345 Points)
10 March 2009Hello all,
I have one Query in FBT on the captioned subject. Say company is having car registered in Haryana and this year company transfer its( car) registration to Chennai and expenses incurred for getting new R.C. Are these expenses liable to FBT?
With a lots of thanks......waiting for your early response...
CA.Tarun Maheshwari
(CA, DISA)
(7150 Points)
Replied 10 March 2009
Yes, these expenses are covered in FBT under Vehicle Running and Maintenance Expenses.
CAclubindia
