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FBT Applicable AY 08-09

Others 1366 views 3 replies

Is FBT applicable for free distribuction of Gift item Customer to promte sales of own product Ay 2008-09

Replies (3)
Yes, it does attract FBT under Sec 115WB,Clause (O) of sub section (2). Please refer Circular No. 8/2005 dt. 29/08/2005 and see question # 97 & 98. You may visit at the following link https://law.incometaxindia.gov.in/TaxmannDit/DisplayPage/dpage1.aspx?md=1
Yes it does, my file is under downloads.... FBT Calculator u can find everything there

on Which Expenses FBT applicable


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