For FBT Purpose Travelling Includes Mobile Refelling or not
This query is : Resolved
10 December 2008
Dear All Experts
Pl Help me on concept of FBT
whether Travelling inclues a mobile refilling, should it be taken under travelling or in Telephone exp of company?
(as 5% or 20% bifurcation to company for the respective head)
I will b very thankful if i have it on a recommended site link or any softcopy for the same.
Thanking u very much in advance !!
Pl Help me on concept of FBT
whether Travelling inclues a mobile refilling, should it be taken under travelling or in Telephone exp of company?
(as 5% or 20% bifurcation to company for the respective head)
I will b very thankful if i have it on a recommended site link or any softcopy for the same.
Thanking u very much in advance !!
13 December 2008
it is telephone exp. & not travelling exp.
& accordingly 20% rate is applicable for valuation.
& accordingly 20% rate is applicable for valuation.
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