Fringe Benefit Tax
This query is : Resolved
25 October 2007
Whether a company has to pay FBT if it does not have any employee on its roll but engages contract workers on hire ?
S.RAVICHANDRAN
(Expert)
25 October 2007
Employer employee relationship is a must to enforce FBT liability on the employer. If the payment is made to contractor, the question of FBT does not arise at all.
CA. Rayan Sequeira
(Expert)
25 October 2007
yes FBT will be applicable as even though there are no employees there should be atleast some directors and hence the applicability of FBT cannot be ruled out
26 October 2007
There is no Employer and Employee Relation ship so no FBT applicable
Amit Sharma
(Expert)
15 January 2008
No FBT is liable because no employer and employees relationship is present which is the primary ruule for apllication for 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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
