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fbt
is fbt also applicable on the insurance amount of vehicles.
Replies (3)
FBT is applicable on insurance amount paid on Motor Cars only & not all vehicles
FBT is apllicable to the payments made for insurance premium on MOTOR CARS only u/s. 115 WB (2) (H).
yes, any expenditure for repair running and maintainance for vehical is liable to fbt
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