Fringe Benefit Tax
This query is : Resolved
Ankit Jain
(Querist)
12 March 2008
Dear all
please tell me that the FBT is applicable of those expenses which are incurred for the export of article or thing. A company engaged in export of computer softwares in this case weaher can we include the expenses incurred for regarding the sale or export(Income in FBT.
please tell me ASAE.
please tell me that the FBT is applicable of those expenses which are incurred for the export of article or thing. A company engaged in export of computer softwares in this case weaher can we include the expenses incurred for regarding the sale or export(Income in FBT.
please tell me ASAE.
Gopalakrishnan
(Expert)
12 March 2008
FBT does not make difference beetween export or otherwise.
Hence FBT is applicable for expenses covered under the provisions of the act irrespective of export or import or otherwise.
FBT does not make difference beetween export or otherwise.
Hence FBT is applicable for expenses covered under the provisions of the act irrespective of export or import or otherwise.
CA. Kirti S. Ganatra
(Expert)
12 March 2008
There is no relation with Export or domestic. It all depends on nature of expenses
12 March 2008
FBT IS APPLICABLE ON ALL THE EXPENSES WHETHER OF DOMESTIC OR EXPORT SALE AND EVEN IF INCOME IS EXEMPT
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