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FBT

Others 1590 views 10 replies
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Service
39 Points Posted on 12 March 2008

Dear Freind,

 

Please let me know whether we have to pay FBT on donation given to any instituation, school or Temple by company.

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On 12 March 2008 at 15:52 Report
Replies (10)
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CA Final
814 Points Posted on 12 March 2008
Donations are not subject to FBT. But, incase of any subsidy is being given to a school, then it attracts FBT.
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On 12 March 2008 at 17:17
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C A
7080 Points Posted on 12 March 2008
no
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On 12 March 2008 at 17:54
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Service
1461 Points Posted on 12 March 2008
No
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On 12 March 2008 at 18:16
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CA-Practice
25 Points Posted on 13 March 2008
Donations are not covered under the charging section of FBT and It is not subject to FBT.
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On 13 March 2008 at 10:31
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DGM-F & A
1734 Points Posted on 13 March 2008
No.Not in FBT Circle
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On 13 March 2008 at 13:40
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Guest
460655 Points Posted on 14 March 2008
Donation does not come under the Preview the FBT
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On 14 March 2008 at 12:50
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Director- FinMAT Consultants
1703 Points Posted on 17 March 2008

not applicable on FBT

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On 17 March 2008 at 18:23
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C A
7080 Points Posted on 17 March 2008
No
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On 17 March 2008 at 18:34
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Article
33 Points Posted on 22 March 2008

Mr. M.SRIRAM - can u pl clerify and confirm how can subsidy given to a school come within the ambit of FBT...which clause under the Act does it attract?

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On 22 March 2008 at 18:46
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CA Student
30 Points Posted on 26 March 2008

Donations are not covered by the provisions of FBT

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On 26 March 2008 at 16:25


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