FBT ON CONVAYANCE
This query is : Resolved
11 September 2008
HI
PLZ CAN ANYBODY TELL ME THAT IF AN EMPLOYEE ON OFIICIAL TOUR AND HE INCURRED SOME LOCAL CONVAYANCE EXP.WHETHER THESE EXP ARE LAIBALE TO FBT OR NOT
THX 7 REGARD
A BALI
PLZ CAN ANYBODY TELL ME THAT IF AN EMPLOYEE ON OFIICIAL TOUR AND HE INCURRED SOME LOCAL CONVAYANCE EXP.WHETHER THESE EXP ARE LAIBALE TO FBT OR NOT
THX 7 REGARD
A BALI
11 September 2008
thx for reply,
furthe can u tell me whther it will be liable to fbt under tour & travel or convyance and at what rate it will be liable to fbt.
in case the employee hired the taxi for some days and present the bill for same, then whther it bill be liable for fbt under convayce or tour & travel
thx
a bali
thx for reply,
furthe can u tell me whther it will be liable to fbt under tour & travel or convyance and at what rate it will be liable to fbt.
in case the employee hired the taxi for some days and present the bill for same, then whther it bill be liable for fbt under convayce or tour & travel
thx
a bali
16 September 2008
If the conveyance and taxi charges are incurred in the course of tour and travel the said expenditure is to be considered for FBT purposes under'tour and travel.
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