FBT on REpair and Maintenance

A learner (Corporate Accounts ) (345 Points)

10 March 2009  

Hello 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...