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 yes, rate of valuation is 20% & 5 % respectively.

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


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details