Clarification on FBT - Hospitality


This query is : Resolved 

(Querist)
19 December 2008 Respected Sir,

According to explanation of expenses incurred on account of hospitality-
food, beverages etc provided to visitors in the office and outside the office is liable to FBT. However, as per CIRCULAR NO.8/2005 on FBT employer-employee relationship is a pre-requisite for the levy of FBT, then how can FBT be leived on expenditure incurred on visitors.

Please explain.

Thanks and regards

Jitender (Expert)
20 December 2008 becz this is covered under deeming fiction under the chapter FBT.

hardik (Querist)
20 December 2008 Thank you Mr Jitendar,
i would like to further ask whether an Excise Officer permantly appointed by the Excise Dept for keeping a check on excise payable by the assessee, be termed as an "Visitor"
and whether food etc provided to such officers be liable to FBT.

Thanks and Regards.

25 June 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp


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