FBT Paid Salary

Hema Desai (PRACTICING CA AND ENTERPRENEUR)   (92 Points)

04 May 2009  

Hi

Can anyone help me with this?

Where to display FBT Paid Salary Component in Form No 16 (Salaries)?

For Ex: If the FBT is paid "on Car Expenses reimburssed to Directors" and it is part of Directors Remunuration then what is to be mentioned in TDS Certificate; Gross Salary inclusive of Car Exps or Net Salary after car Exps.?

Besides what would be displayed in "Form no 24Q; Q IV" Taxable Salary or Gross Salary?

Even in Quarterly Return one should mention Taxable Salary per month or Gross Salalry permonth in "Annexure" Details

Thank You

Hema Desai