Fringe Benefit Tax
This query is : Resolved
17 June 2008
In a querry asked by Mr Shrinivas on 16.06.08 on FBT , Mr Shekhar has replied that FBT is applicable on Companies and not on Partnership Firms and Sole proprietorship firms.. As far as I know Partnership Firms are liable to pay FBT, yes proprietorship firms are outside the purview of FBT. Am I right.
17 June 2008
Yes..FBT is applicable to company & Partnership firm & only Individuals are exempted from FBT..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Eway bill for machinery reparing
- Form 10BD Filling
- Error whiling application of GST REFUND (ANNEXURE B)
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
