Whether FBT is applicable for maintenance of vehicles ( for a news channel( media)-DSNG VANS) ?
CA Rahul Gupta
(Ca )
(57 Points)
Replied 04 July 2008
if the vehicle is motor car then the fbt will be aplicable.
khushboo jagdish kabra
(Article)
(38 Points)
Replied 04 July 2008
| 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% | |
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
