FBT MATTER


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 December 2009 In case of the company pay the club membership fees for his employee, how it will be treated under FBT.

what will be the effect in the hand of employee as well as employer under income tax act

21 December 2009 Since FBT is not there now, it is taxable in the hadns of employee

21 December 2009 Agree, FBT provision ommitted.


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