Sirs,
My question is-
Whether CAR INSURANCE CHARGES will fall under the category of "Repair, Ruinning and maintanance of Car" for FBT purposes?
It has been argued that since, Insurance is mainly taken for safety of the assets, it has no relation with Repairs, running & maintanance.
hi,
pls provide me simplified version of amendments made by finance act 2007 in direct tax.
i do not want bare act version as i already have supplementary material issued by the institute.
thanks
Dear All,
Good Evening
have one doubt to clarify,
If i get money ( check ) from NRI - non relative, is it tax exempted or taxable in the hands of receiver ?
mail me pls. raju_osnn@yahoo.co.in
Hope to hear from you soon.
Thanks & Regards,
Raju.
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Regards
Vidya
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CAclubindia
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