FBT on Site Allowances
This query is : Resolved
17 December 2008
Whether Site Allowances paid to employees attract FBT
17 December 2008
if it is debited to p&l a/c
if it is part of salary debited to p&l a/c then it is not liable to fbt
if it is part of salary debited to p&l a/c then it is not liable to fbt
17 December 2008
Site allowance is form part of salary and FBT is not attracted.
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