FBT (Reimbursement of Club Bills)
This query is : Resolved
24 December 2007
Dear Sir/Ma’am,
Reimbursement of Club blls of employees is not perquisite.
Whether FBT is liable?
Bcoz in any club facility FBT is liable.
Reimbursement of Club blls of employees is not perquisite.
Whether FBT is liable?
Bcoz in any club facility FBT is liable.
25 December 2007
50% OF COST OF REIMBURSEMENT OF CLUB BILLS IS TAXED AS FBT UNDER
SECtion 115WB(2)(N) OF IT ACT.
R.V.RAO
SECtion 115WB(2)(N) OF IT ACT.
R.V.RAO
20 May 2008
Which kind of Club?
whether all clubs e.g. FIcci CII Fees ( Annual membership fees liable to FBT)
whether all clubs e.g. FIcci CII Fees ( Annual membership fees liable to FBT)
20 May 2008
Which kind of Club?
whether all clubs e.g. FIcci CII Fees ( Annual membership fees liable to FBT)
whether all clubs e.g. FIcci CII Fees ( Annual membership fees liable to FBT)
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