FBT-CONVEYANCE
This query is : Resolved
22 October 2007
My query relates to FBT.
If company incurrs any expenditure on Conveyance of customer will it be liable to FBT.
If company incurrs any expenditure on Conveyance of customer will it be liable to FBT.
22 October 2007
Hi Rahul,
If a company incurs expenditure on Conveyance it will be liable for FBT even the expenses is not relating to employee.
by the way I don't know why are you posting the same query on personal message, forum and expert comment section.
If a company incurs expenditure on Conveyance it will be liable for FBT even the expenses is not relating to employee.
by the way I don't know why are you posting the same query on personal message, forum and expert comment section.
22 October 2007
FBT RATES ON CONVEYANCE OF CUSTOMER
Conveyance, in the business other than the business referred to in 8b or 8c or 8d aii 20%
Conveyance, in business of construction bii 5%
"Conveyance in the business of manufacture or
production of pharmaceuticals" cii 5%
"Conveyance in the business of manufacture or
production of computer software" dii 5%
"Use of hotel, boarding and lodging facilities in the
business other than the business referred to in 9b or
9c or 9d or 9e" aii 20%
Use of hotel, boarding and lodging facilities in the business of manufacture or production of pharmaceuticals bii 0 5%
Use of hotel, boarding and lodging facilities in the business of manufacture or production of computer software cii 5%
"Use of hotel, boarding and lodging facilities in the
business of carriage of passengers or goods by
aircraft" dii 5%
Conveyance, in the business other than the business referred to in 8b or 8c or 8d aii 20%
Conveyance, in business of construction bii 5%
"Conveyance in the business of manufacture or
production of pharmaceuticals" cii 5%
"Conveyance in the business of manufacture or
production of computer software" dii 5%
"Use of hotel, boarding and lodging facilities in the
business other than the business referred to in 9b or
9c or 9d or 9e" aii 20%
Use of hotel, boarding and lodging facilities in the business of manufacture or production of pharmaceuticals bii 0 5%
Use of hotel, boarding and lodging facilities in the business of manufacture or production of computer software cii 5%
"Use of hotel, boarding and lodging facilities in the
business of carriage of passengers or goods by
aircraft" dii 5%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- DIN reactivation
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- GST rate and HSN code for sale of racing horses
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
