Hai whether toll gate charges for hiring cars comes under 115wb(2)(h)?
Muthu Aravind (Article) (188 Points)
25 June 2008Hai whether toll gate charges for hiring cars comes under 115wb(2)(h)?
saurabh
(CA)
(552 Points)
Replied 25 June 2008
YES IT DOES... as toll charges for RuNNING of motr vehicle under 115wb(2)(h)?.. n thus 20% of value of fringe benefits is chargable to tax.