FBT

Whether FBT is applicable on Two wheelers?
Replies (9)
FBT is not applicable on two wheelers. Just require a circular reference for the same
What is FBT and how it is charge in income Tax and what is importance
FBT means Fringe Banefit Tax. It is seperate from Income Tax it is not to be reduced from Income Tax calculated like TDS. It is the employer's liability to pay FBT on specific expenses
CO OPERAVTIVE SOCIETY HAVING FBT? PLEASE GUIDE ME
whether FBT is appicable on Reimbusement to employee towards (Air fare / Train Fare)
Yes, It is applicable on all travelling exp
Yes it is appicable under sec 115WB(F)
Yes, u/s 115WB(f)
No

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