Fringe benefit tax

This query is : Resolved 

13 December 2008 If foreign company has a Permanent Establishment (P.E.) in India and it incurs expenditure outside India, which is cliamed as a deduction in computing the income of the P.E. in India,whether FBT would be payable on the expenses incurred outside India?

13 December 2008 Yes, if the company has employee based in india and these expenses are covered by FBT.

13 December 2008 Yes, if the company has employee based in india and these expenses are covered by FBT.


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