QUERIES RELATED TO FBT
This query is : Resolved
18 August 2008
In case of a company do we include reimbursement of expenses of its directors
like
payment of credit card bill
payment of club fee
medical expenses
IS DIRECTOR TREATED AS AN EMPLOYEE WHILE CALCULATING FRINGE BENEFITS?????
like
payment of credit card bill
payment of club fee
medical expenses
IS DIRECTOR TREATED AS AN EMPLOYEE WHILE CALCULATING FRINGE BENEFITS?????
S.Srinivasaraghavan
(Expert)
18 August 2008
To be included.
CA.Tarun Maheshwari
(Expert)
18 August 2008
Yes
18 August 2008
if credit card bill is regarding the dinner expenses of foreign client???
CA.Tarun Maheshwari
(Expert)
19 August 2008
then also, its a part of Business Promotion Expenses and liable to FBT
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