FBT

Any conveyance expenditure will suffer FBT

Conveyance Expense reimbursed to any person whether employee or not is chargeable to FBT.

Yes, FBT is payable on conveyance reimbursement to Articles also.

Yes FBT is applicable on conveyance exps. on articles too..

Articles are trainees/apprentices  as per CA Regulations  and Conveyance Expenses by whatever nomenclature called will fall under FBT provisions meaning thereby FBt wil be applicable on the same.

hi, any payment or reimbursement of conveyance exps. to employees will attract FBT

Hi

 IT will  be subject to FBT. However if the expenses are incurred for commuting between residence to office  and back , FBT will not be levied .

For the rest all conveyance expenses , are chargeable @ 20%

hi.

In FBT clearly writedown that conveyance ti employees & Articles are not covered under the defination of employees as per  in Bonus Act, Labour law.

hi friends.

I have a Quary that what % is on conyeance to employees ,is there any amendment init.

pls let me know.

so many respected people above have advised that any reimbursement towards conveyance expenses will attract FBT, but even i think its only if the relation of employer and employee exists.

Please clarify..