FBT on Dress Expenses
This query is : Resolved
17 November 2008
HI.
I have incurred Expenses on Dress of my employees. It is not a uniform allowancce. Am I liable to pay FBT on value of this expense.
I have incurred Expenses on Dress of my employees. It is not a uniform allowancce. Am I liable to pay FBT on value of this expense.
17 November 2008
Yes you are liable to FBT. If it is a statutory obligation to provide uniform , then it is not liable to FBT.
17 November 2008
115WB(2)(E):
Not liable for FBT :
if it is statutory obligation:
Expenses incurred on providing safety shoes or uniform or equipments to the employees or for the purpose of reimbursement of washing charges.
Not liable for FBT :
if it is statutory obligation:
Expenses incurred on providing safety shoes or uniform or equipments to the employees or for the purpose of reimbursement of washing charges.
17 November 2008
If it is a statutory obligation to provide uniform , then it is not liable to FBT.
otherwise u got to pay...
otherwise u got to pay...
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
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- GST ON DAMAGED GOODS
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
