Fringe benefit tax (F.B.T.0
This query is : Resolved
15 July 2008
Is F.B.T. imposed on daily allowance and postage and telegram allowance allowed to sales staff.
15 July 2008
Dear Mohit,
FBT is applicable on daily allowance if the same is not taxable in the hands of the employees.
FBT is not leviable on postage / telegram.
Rgds/
Vineet
FBT is applicable on daily allowance if the same is not taxable in the hands of the employees.
FBT is not leviable on postage / telegram.
Rgds/
Vineet
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