FBT ON MEDICAL EXPENSES
This query is : Resolved
PANKAJ MAV
(Querist)
10 January 2009
Sir/Madam , if pvt ltd company paid medical bill of hospital for its employee amounted Rs1,20,000/- and this is not reimbursement,and also not recoverable from employee, IT WILL BE TRATED AS STAFFWELFARE ? and please advice whether FBT is Applicable ? please provide your vluable answer as soon as possible
CA.Tarun Maheshwari
(Expert)
11 January 2009
Yes. FBT is leviable on this expense.
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