Fringe benefit tax Applicability to Town muncicpalty for F.y
This query is : Resolved
21 June 2011
Whether fringe benefit tax is applicable to the Town Municipal council(a lo9cal Authority--Govt. of Karnataka for the Financial year 2006-07 & 2008-09?
On which item of expenditure covered let us enrich our knowledge regarding the same
On which item of expenditure covered let us enrich our knowledge regarding the same
21 June 2011
A local authority had bee defined as " employer" vide section 115W of chapter XII-H
of The IT Act.
*
FBT has become a thing of past. In its short life span it has generated much debates. Nobody liked this type of irrational tax on expenditure and that too where in we talk about taxes on Income.
*
However, some links are being provided
looking towards your curiousness to learn from the past -
*
https://www.caclubindia.com/share_files/fringe-benefit-tax-calculator-697.asp
*
https://www.caclubindia.com/share_files/files_download.asp?files_id=696
*
You may find many more in CAclub Share files from where I have gathered the above.
of The IT Act.
*
FBT has become a thing of past. In its short life span it has generated much debates. Nobody liked this type of irrational tax on expenditure and that too where in we talk about taxes on Income.
*
However, some links are being provided
looking towards your curiousness to learn from the past -
*
https://www.caclubindia.com/share_files/fringe-benefit-tax-calculator-697.asp
*
https://www.caclubindia.com/share_files/files_download.asp?files_id=696
*
You may find many more in CAclub Share files from where I have gathered the above.
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
- House Property Reporting in ITR
- Sales amount in Gstr1
- Supply through E-commerce Operators
- TDS Claim year
- Relief u/s Section 89
- TDS Challan Code
- Rent lease agreement
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Taxation on LTCG for property sold after 24JUL2024
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
