FBT on Transportation Allowance

Others 3928 views 16 replies

A company  provided cars for transportation of their employess from home to office, will it attracks FBT

My salary comprises of BASIC PAY+DEARNESS ALLOWANCE+HRA+MEDICAL ALLOWANCE in these circumstances i wish to know if I can deduct transportation charges similar to the transport allowance. If yes then to what extent. Can any one explain


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