FBT Query

This query is : Resolved 

04 March 2009 We are a Bank. Our vendor is a callcenter & paying Telephone expenses incurred for our activity. Telephone bills are coming on vendors name. vendor is claiming reimbursement of the same from us .Are we suppose to pay FBT on such reimbursement of telephone expenses.

Thanks
Yogesh modi

05 March 2009 i think yes ur suppose to pay FBT on such reimbursement of telephone expenses.

refer section 115WB(2)(j).


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