FBT
This query is : Resolved
18 April 2009
No, the LTC is taxable in the hands of Employee. And its a part of salary. Not taxable in FBT.
19 April 2009
Conveyance facilities does not include LTC. It is taxable in the hands of employee in excess of exempted u/s 10(5)
SO no FBT
SO no FBT
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