FBT
This query is : Resolved
18 March 2009
Are books and Periodicals covered under FBT? If yes under what head? If no why?
18 March 2009
not covered
18 March 2009
if reimbursement is made to employees than it will be covered under the head employees welfare of FBT sec 115WB(2)(E).
expense of books will be deductible in PGBP but FBT is not deductible.
expense of books will be deductible in PGBP but FBT is not deductible.
18 March 2009
Agreed with the above views
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