FBT on Parking charges
This query is : Resolved
CA.Tarun Maheshwari
(Expert)
11 May 2009
Yes. If it is a business expenditure then it shall be treated as vehicle running and maintenance expenses/tour and travelling expense, and will be covered in FBT accordingly.
taxindiaconnect
(Expert)
11 May 2009
Agreed with Tarun on this.
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