Apllicability of FBT

This query is : Resolved 

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?

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.

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


CCI Pro



Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details