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Regarding FBT

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17 June 2008 Amount incurred by the compny for recruitment expenses such as reimbursement of expenses for travelling from Residence to Office for Interview, accomodation expenses paid if coming form outside. Whether such expenses are liable to FBT or Not?
Plz reply.

Thanks
Regards
Pratik

17 June 2008 please reply

17 June 2008 no fbt,because they are not employee of our co.




17 June 2008 but how we treat those expenditure of those employees who are appointed in our co. after the interview procedure

18 June 2008 Since the expenditures are incurred before joining and that time there was no Employer & Employee relationship existed b/w a particular candidate and Co. so i think it should go to Recruitment Expenses, and not liable to FBT

19 June 2008 thank you for your help.
Mr Dhananjay and Mr.Hemant.



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