Wheather FBT is applicable on expenses incurred by the company on maintenance of flat of MD or it should be accounted as perquisites in the income of MD?
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FBT ON FLAT MAINTENANCE
Replies (3)
Perquisite.
Thanks a lot, can you please send me some cases where it is treated as perquisite.
| Originally posted by :Guest | ||
| " | Thanks a lot, can you please send me some cases where it is treated as perquisite. | " |
Please let me know at which rate FBT will be taxed if applicable on flat maintenance exps paid to MD of the company
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