Whether FBT is applicable for maintenance of vehicles ( for a news channel( media)-DSNG VANS) ?
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FBT ON VEHICLE MAINTENANCE
Replies (4)
if the vehicle is motor car then the fbt will be aplicable.
| REPAIR, RUNNING OF MOTOR CAR | - | |
| DRIVER REIMBURSEMENT | 20% | |
| PARKING | 20% | |
| TAX DEPRECIATION Dep. As per Sec. 32 chart | 20% | |
| INTEREST ON LOAN | 20% | |
| VEHICLE RUNNING & MAINT. | 20% | |
fbt will applicable only on motor cars
i want some more clarifiacation
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