Aplicability of Fringe Benefit Tax
This query is : Resolved
05 March 2009
Is FBT liable on following expenditure incurred by a management institute which is covered under the definition of employer u/s 115 W(A)
1) Distribution of laptops to students.
2) Following expenditure incurred towards students industrial training in abroad.
a) Accomodation and coach charges.
b) Air tickets and visa fees.
c) Student Welfare-i.e.Aagman, Amaze,refreshment & fresher party?
1) Distribution of laptops to students.
2) Following expenditure incurred towards students industrial training in abroad.
a) Accomodation and coach charges.
b) Air tickets and visa fees.
c) Student Welfare-i.e.Aagman, Amaze,refreshment & fresher party?
06 March 2009
1. No
2. Yes U/s 115WB(2)(G)
2. Yes U/s 115WB(2)(G)
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