Levy of FBT
This query is : Resolved
04 September 2009
I have query relating to FBT.
Whether the partners opf a firm having employer-employee relationship for the levy of FBT?
Whether FBT is payable by an entity having no employee?
For example, any partnership firm having four partners and out of above three partners getting remuneration from firm and no other employee.
Thanks & Regards
Umesh Garg
Whether the partners opf a firm having employer-employee relationship for the levy of FBT?
Whether FBT is payable by an entity having no employee?
For example, any partnership firm having four partners and out of above three partners getting remuneration from firm and no other employee.
Thanks & Regards
Umesh Garg
04 September 2009
FBT Is not attract in Remunaration exp. so not levy on remunaration exp.
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