FBT

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Wheather Internet expences is the part of FBT or not?

Replies (3)

Internet charges doesnot fall under the ambit of FBT. If your company follows the policy of booking internet charges under telephone expenditure, then you have to split it into internet and telephone charges separately for the purposes of FBT.

No, FBT will be charge for Internet line., make seperate entry or account head for internet phone no.

If employer has broadband connection for used  both as telephone and for the purpose of internet, the expenses incurred shall be treated as deemed freinge benefit. 


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