CAN ANY BODY PLS TELL ME THE TREATMENT OF A CAR AND ITS MAINTENENCE CHARGES PROVIDED BY HIS EMPLOYER
4 Replies
Kalpesh
(CA)
(82 Points)
Replied 18 May 2009
if the comapny is paying fbt then no perq....if company is not paying fbt then only it is considiered as perq..
PiyushAgrawal
(Chartered acooutant in practice)
(575 Points)
Replied 18 May 2009
ya if employer pays FBT than it is exempt for employee...
rachana
(Artical)
(37 Points)
Replied 21 May 2009
HI WE DON'T HAVE TO PAY TAX ON IT BECOZ IT IS SUBJECT TO FBT
Krishan
(Service)
(633 Points)
Replied 21 May 2009
if the employer is a person not liable to FBT (e.g. Individual etc.) then it will amount to perqusite in hands of employees.
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