If a company making telephone exps by taking conference facility from a conference service provider,will this exps be liable for FBT under FBT on Telephone?
If a company making telephone exps by taking conference facility from a conference service provider,will this exps be liable for FBT under FBT on Telephone?
FBT is applicable on all telephone bills and mobile bills apart from leased telephine lines
though telephone exps are covered for FBT Purpose, but with effect from F.Y. 2009-10, FBT is abolised.
regards,
ratan
w.e.f 01.04.09 FBT is abolished.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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