CAN ANY BODY PLS TELL ME THE TREATMENT OF A CAR AND ITS MAINTENENCE CHARGES PROVIDED BY HIS EMPLOYER
if the comapny is paying fbt then no perq....if company is not paying fbt then only it is considiered as perq..
ya if employer pays FBT than it is exempt for employee...
HI WE DON'T HAVE TO PAY TAX ON IT BECOZ IT IS SUBJECT TO FBT
if the employer is a person not liable to FBT (e.g. Individual etc.) then it will amount to perqusite in hands of employees.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
K R Kiran Kumar & Associates
Bengaluru
Velionit Consulting PVT LTd
Mumbai
CA
My Legal Tax Consultants Pvt. Ltd.
Noida
RRPM & ASSOCIATES LLP
Chennai
apricus india
Pune
K A R M & CO
CMA
CHARUPREETI & CO
Graduate (Any)
India's largest network for finance professionals
Alternatively, you can log in using: