Dear all
Please let me know wether FBT will be applicable on following expenditure
"Charges paid on Vehicle heired for the purposes of droping employees"
CA RAVIKUMAR R. C. (CA) (38 Points)
02 September 2007Dear all
Please let me know wether FBT will be applicable on following expenditure
"Charges paid on Vehicle heired for the purposes of droping employees"
MAHENDRA IYER
(SERVICE)
(315 Points)
Replied 03 September 2007
Nalam Ravindranath
(78 Points)
Replied 03 September 2007
ca.Ashish goenka
(profession)
(92 Points)
Replied 03 September 2007
ca.Ashish goenka
(profession)
(92 Points)
Replied 03 September 2007
Nalam Ravindranath
(78 Points)
Replied 03 September 2007
Ankit Dangayach
(Chartered Accountant)
(691 Points)
Replied 03 November 2007
Vivek Jarial
(Student)
(272 Points)
Replied 20 January 2009
yes FBT is charged in car hire charges becouse it is provide for benifit for employees...
20% of total car hire charges................
Sourav Modi
(Learner!)
(306 Points)
Replied 22 January 2009
i think it comes under conveyance provided to employee and where there is no ownership of employer. Hence 20% FBT chargeable without any doubt
Jitender
(Chartered Accountant)
(8724 Points)
Replied 25 January 2009
in my opinion , fbt is not payable.
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