FBT Tour & travelling
This query is : Resolved
Guest
Guest
(Querist)
17 October 2008
Hi Experts
Whether travelling exp. is needs to be segragated in following heads covered by FBT or we can treat all the exp. as travelling and accordingly pay the FBT on that?
Food Exp. --> as Hospitality exp.
Hotel Stay --> as Hotel & lodging exp.
Thanks
Whether travelling exp. is needs to be segragated in following heads covered by FBT or we can treat all the exp. as travelling and accordingly pay the FBT on that?
Food Exp. --> as Hospitality exp.
Hotel Stay --> as Hotel & lodging exp.
Thanks
17 October 2008
Separation is correct. But traveling is treated at 5% whereas others at 20%.
17 October 2008
food exps ---20%
hotel stay ---20%
If it is tour and travel--- 5%
Pl decide accordingly.
hotel stay ---20%
If it is tour and travel--- 5%
Pl decide accordingly.
17 October 2008
moreover for accounting treatment it need to be segregated
Guest
Guest
(Querist)
18 October 2008
So i have to pay FBT according to value derived as below;
food exps ---20%
hotel stay ---20%
If it is tour and travel--- 5%
??????
Thanks
Rohit
food exps ---20%
hotel stay ---20%
If it is tour and travel--- 5%
??????
Thanks
Rohit
Guest
Guest
(Querist)
22 October 2008
thanks
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