FBT

This query is : Resolved 

13 September 2009 during the audit for f/y 08-09 i found that:-
a company is paying for club fee/golf course fee for the director, but the membership in the name of director whether it is liable for fbt or it is included in director's salary

13 September 2009 A company has a sperate idenity as per its defination so this is not under bracket of FBT but if u r oing of current year audit FBT got abloished kkkkk

13 September 2009 dear kapil i was talking about f/y 2008-09

14 September 2009 Yes.. it is FBT applicable expense.


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