FBT rate on Boarding & Lodging Exp and Travelling Tkts
This query is : Resolved
06 December 2008
Dear Sir,
I want to know what is the FBT rate applicable on the boarding and Lodging Exp and also on Travelling Tkts Foreign and Domestic
Regards
Ravi Konda
I want to know what is the FBT rate applicable on the boarding and Lodging Exp and also on Travelling Tkts Foreign and Domestic
Regards
Ravi Konda
06 December 2008
Value of Fringe Benefit in case of Boarding & lodging Expenses is 20% & in case of Tour & Travelling it is 5%. Rate of FBT is 30% plus cess & surcharge as applicable.
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