Fringe benefit tax
This query is : Resolved
CA Mohit Kumar Tyagi
(Querist)
23 November 2007
Q. Is FBT is leviable on Internet charges or not ?
23 November 2007
FBT is not leviable on Internet charges.
CA. Vineet Grover
(Expert)
23 November 2007
Hi Mohit,
Broadband connection charges for internet are subject to payment of FBT. But Leased Broadband line are outside the purview of FBT. If they are not leased, then expenses incurred on their connection shall be traeted as fringe benefit. Generally all organization maintain broadband instead of leased line.
The leased lines are normally used by the BPO/Call center.
Rgds/
Vineet
Broadband connection charges for internet are subject to payment of FBT. But Leased Broadband line are outside the purview of FBT. If they are not leased, then expenses incurred on their connection shall be traeted as fringe benefit. Generally all organization maintain broadband instead of leased line.
The leased lines are normally used by the BPO/Call center.
Rgds/
Vineet
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