Does FBT applicable to Expense incurred toward Advertisement
Menu
Advertisement Exp
Replies (4)
YES
No FBT is not applicable on all kind of advertisement
For more information Refer Section 115WB(2)(D) under which excluded items are mentioned
FBT is not attracted towards expenses incurred for advertisements. Advertisements is an expenditure that is the nature of service to employee. TDS will attracted towards Advertisement..............
For more Information Please refer Section 115WB(2)(D)
FBT is levied on advertisement but it is not levied on the genuin advertisement expenses............proviso to SEc.115WB(2)(D) provides a list of genuin advertisement exp. and hence excludes it from levy of fbt...........
Recent Topics :
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
Related Topics :
CAclubindia
