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FBT

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Is FBT charged on daily puja expenses in factory or office?

Replies (9)

yes it is under festival expences & charged 50% to fbt

yes

We are paying Bus contractor for bringing employees from home to office and back . pls tell me whether FBT or not

No FBT is not applicable

we having one bus which is used to pickup & drop our employees. Pls tell me whether cost of the depreciation of a bus, fuel charges, driver salary attract FBT or Not 

we are paying to employees an amount of Rs.25000/- towards airteravel expences who tarevel for the purose of busines development and  attending claints work. whether it attracty FBT?

fbt

fbt applicable on interest on car

I dont think Puja expenses willbe taken in Festival expenses but that should be mis. exp. and then not applicable for FBT


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