Re:FBT on car insurance

Others 1230 views 1 replies
Friends in one of the "Resolved Expert Query" it has been said by one of the expert that insurance charges are liable to FBT , however, accordinng to Taxmann's publication - Guide To Fringe Benefit Tax Fbt is not leviable on insurance charges ...it cannot be considered as repair or running charges
Replies (1)
Yes you are correct


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