please let me know if chairman office expenses attract fbt and if yes what are the general expenditures attarct fbt
Vijay Kumar V K (FUND MANAGER) (35 Points)
03 August 2009please let me know if chairman office expenses attract fbt and if yes what are the general expenditures attarct fbt
CA Vinay Saraf
(CA)
(148 Points)
Replied 03 August 2009
CA Vikrant Arora
(Practicing Chartered Accountant)
(67 Points)
Replied 12 August 2009
For FBT , there isn't any such category , instead u have to see the nature of the expenses. As Vinay said , segregte the expenses out of these & differentiate between those which attract FBT & those not .
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