Whether FBT is applicable for maintenance of vehicles ( for a news channel( media)-DSNG VANS) ?
Menu
FBT ON VEHICLE MAINTENANCE
Replies (4)
if the vehicle is motor car then the fbt will be aplicable.
| REPAIR, RUNNING OF MOTOR CAR | - | |
| DRIVER REIMBURSEMENT | 20% | |
| PARKING | 20% | |
| TAX DEPRECIATION Dep. As per Sec. 32 chart | 20% | |
| INTEREST ON LOAN | 20% | |
| VEHICLE RUNNING & MAINT. | 20% | |
fbt will applicable only on motor cars
i want some more clarifiacation
Recent Threads
- Duplication of Interest on SCSS deposits in postof
- Declaration of foreign investment
- Parent buying property for major child
- LIC maturity amount filing missed
- Advice on income tax
- E filing thr net banking for AY2025-26
- PROPERTY REPORTING IN ITR
- F&o profit or loss can show a government emplo
- Tax Query for FY 2024-25
- ITR Offline JSON Utility not showing saved drafts
Related Threads
CAclubindia
