car exps

ravi sankar (Chartered Accountant) (157 Points)

02 October 2007  

Hai

For FBT, the expenses should have been incurred on employees.

suppose an individual(being a owner) doing a bussiness with one  employee uses a car for his bussiness only and not for his employee, will he still have to pay FBT on motor car expenses.

kindly clarify

thanks in advance

Ravisankar