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Fringe benefit tax

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(Querist)
04 May 2009 Dear professional colleagues

Entities which are incurring losses, are they required to pay fringe benefit tax

Thanks and regards

Ranga K S
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Ca Anand Dubey

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Ca Anand Dubey (Expert)
04 May 2009 yes
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Jagdish Bhalia

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Jagdish Bhalia (Expert)
04 May 2009 Yes



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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
04 May 2009 FBT is on expenses, and not on Income, so it can not be escaped in case of loss. So, it is payable even in losses to the entity.

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