FRINGE BENEFIT TAX

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sudipta (Querist)
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02 July 2008 I have following two questions regarding applicability of fringe benefit tax on the following expenditure

1.Reimbursement of reloction expenses incurred by the employees at the time of transfer to different cities for the purpose of employment.

2.Travelling Expenses paid to directors

Sanjeev Kumar Varshney

Sanjeev Kumar Varshney (Expert)
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02 July 2008 Dear Sudipta

In both cases, FBT is applicable under Tour and Travel. Travelling of Director for Official purpose is liable to FBT whether Director is an employee or not.
Further As per sec 115WB(1a) any previlege, service, facility or amenity ....whether by awy of reim. or otherwise shall be fringe benefit.

I think you are clear now.