Tax Treatment
This query is : Resolved
raj kumar pandey
(Querist)
25 October 2008
What is the treatment of the case when the employer provides a car to its employee and it also pays the EMI of the car.?
26 October 2008
if employer is not an individual ,then expenses of car as well as interest is chargeable to fbt.
CA Bosu babu
(Expert)
28 October 2008
Interest(=EMI-EMprinciple),Depreciation,petrol exps and other related exps will be chargeble to FBT
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