Wheather FBT is applicable on expenses incurred by the company on maintenance of flat of MD or it should be accounted as perquisites in the income of MD?
Wheather FBT is applicable on expenses incurred by the company on maintenance of flat of MD or it should be accounted as perquisites in the income of MD?
Perquisite.
Thanks a lot, can you please send me some cases where it is treated as perquisite.
| Originally posted by :Guest | ||
| " | Thanks a lot, can you please send me some cases where it is treated as perquisite. | " |
Please let me know at which rate FBT will be taxed if applicable on flat maintenance exps paid to MD of the company
YOGESH KAPOOR AND ASSOCIATES
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