Apllicability of FBT
This query is : Resolved
Prasanna Venkatesh
(Querist)
08 March 2009
Is FBT applicable in a case of a Private Limited Company having no employees(except Whole time Directors) Further is FBT applicable for all expenses or Director specific expenses?
What happens in a situation wherein the Private Limited Company is under a statutory obligation of appointing a Whole-time Company Secretary?
What happens in a situation wherein the Private Limited Company is under a statutory obligation of appointing a Whole-time Company Secretary?
CA.Tarun Maheshwari
(Expert)
08 March 2009
1. FBT Not applicable if No salary to any employee including directors.
2. FBT applicable to all expenses.
3. Fbt shall be liable bcoj salary is to be paid to WTCS, and he is an employee of the company.
2. FBT applicable to all expenses.
3. Fbt shall be liable bcoj salary is to be paid to WTCS, and he is an employee of the company.
Prasanna Venkatesh
(Querist)
10 March 2009
Thank You Sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
