Fringe Benefit TAx
This query is : Resolved
28 March 2008
Is there any difference in the fringe benefit rate for "conveyance" & for "Tour & travels".
28 March 2008
FOR CALCULATION OF TAXABLE VALUE CONVEYANCE IS 20% WHEREAS TOUR AND TRAVEL IS 5%
28 March 2008
FOR ASSESSMENT YEAR 06-07 FBT ON CONVEYANCE AND TOURS AND TRAVELS INCL. FOREIGN TRAVEL@20%(CONSTRUCTION.PHARMA,SOFTWARE BUSINESS @ 5%).
FROM ASSESSMENT YEAR 2007-08 FBT ON CONVEYANCE IS TAXED @ 20% AND TOURS AND TRAVELS,FOREIGN TRAVEL @ 5%.
R.V.RAO
FROM ASSESSMENT YEAR 2007-08 FBT ON CONVEYANCE IS TAXED @ 20% AND TOURS AND TRAVELS,FOREIGN TRAVEL @ 5%.
R.V.RAO
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