FBT on Reimbursement exp.

This query is : Resolved

Baljinder Singh (Querist)
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20 September 2008 Sir,

As I know that FBT paid on Expenses incurred for welfare of Staff. I would like the following expenses covred under FBT

1. We have reimbursed the expenses to Professional regarding thier visit to office our from Mumbai to Delhi. ie Tour & Travelling, Conveyance, Telephone Etc.
the same expenses book under the head tour & travelling, Conveyance, Telephone.

2. Same as we bear the tour (Air fare & Hotel Exp.)expenses of our customer and book under tour & travelling, conveyance etc.

Is we are liable to pay FBT on that?

Pls adv. me

Regards,

Baljinder Singh

Priyanshu

Priyanshu (Expert)
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20 September 2008 Expenses booked under Traveling, Conveyance and telephone will get cover F B T no matter it has been reimbursed to the professional

A.Sekar

A.Sekar (Expert)
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20 September 2008 No FBT on expenses of professionals. Pl see Circular No.8/2005 dt 29/8/05 issued by CBDT (Answer to Q.No.13 in the said circular containing FAQs)

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