FBT
This query is : Resolved
Gaurav Garg
(Querist)
08 May 2009
I JUST WISH TO CONFIRM THE TAXABLE PORTION FOR FBT OF THE FOLLOWING EXPENSES :
FESTIVAL 20% (W.E.F. ASS. YEAR 2009-10)
MAINT. OF GUEST HOUSE OTHER THAN USED FOR TRAINING PURPOSE NIL (A.Y. 2009-10)
IF THE ABOVE RATES ARE TRUE OR NOT ?
FESTIVAL 20% (W.E.F. ASS. YEAR 2009-10)
MAINT. OF GUEST HOUSE OTHER THAN USED FOR TRAINING PURPOSE NIL (A.Y. 2009-10)
IF THE ABOVE RATES ARE TRUE OR NOT ?
AMIT KUMAR CHAUDHARY
(Expert)
08 May 2009
FESTIVAL TAXABLITY IS 20%
AND GUEST HOUSE IS EXEMPT.
SEE READY RECKONER FOR YOUR REFEREANCE.
AND GUEST HOUSE IS EXEMPT.
SEE READY RECKONER FOR YOUR REFEREANCE.
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