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APPLICABILITY OF FBT ON DIRECTORS

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(Querist)
03 January 2009 IS FBT APPLICABLE ON DIRECTORS(EXECUTIVE & NON-EXECUTIVE).PLS ANS AS SOON AS POSSIBLE SIR/ MADAM.
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CA J M Pattanayak

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CA J M Pattanayak (Expert)
03 January 2009 What do u mean by FBT applicable on Directors ?
Any expenses incurred by the company which comes under the definition of Fringe benifit is taxable and the entity has to pay tax on the same
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varsha singh

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varsha singh (Querist)
03 January 2009 I MEAN TO SAY ARE EXPENSES INCURRED BY COMPANY ON DIRECTORS LIABLE TO FBT
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