FBT on REpair and Maintenance

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Hello all,

I have one Query in FBT on the captioned subject. Say company is having car registered in Haryana and this year company transfer its( car) registration to Chennai and expenses incurred for getting new R.C.  Are these expenses liable to FBT?

With a lots of thanks......waiting for your early response...

 

Replies (1)

Yes, these expenses are covered in FBT under Vehicle Running and Maintenance Expenses.

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