FBT APPLICABILITY ON PRE-INCORPORATION EXPENSES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This query is : Resolved
06 October 2007
IS FBT APPLICABLE ON THE PRE-TRAVELLING EXPENSES , PRE-BUSINESS PROMOTION EXPENSES
EXPENSES INCURRED BY THE DIRECTORS OF TEH COMPANY?
FURTHER WHAT ARE THE EXPENSES WHICH CAN BE SHOWN AS PREINCORPORATION EXPENSES
EXPENSES INCURRED BY THE DIRECTORS OF TEH COMPANY?
FURTHER WHAT ARE THE EXPENSES WHICH CAN BE SHOWN AS PREINCORPORATION EXPENSES
06 October 2007
FBT is applicable on pre-incorporation expenses.
But employer's status will be association of persons. (Before incorporation)
But employer's status will be association of persons. (Before incorporation)
Ravikumar.G
(Expert)
06 October 2007
FBT is not applicable to Individual, HUF and Trust etc.
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