Dear friends,
Does daily or weekly or monthly pooja expenses incurred at office other than incurred during
festival celebrations are liable for FBT?
Regards,
Sadiq Hussain
Article Assistant
Dear friends,
Does daily or weekly or monthly pooja expenses incurred at office other than incurred during
festival celebrations are liable for FBT?
Regards,
Sadiq Hussain
Article Assistant
115WB(2) is so wide to include this kind of expenditure.
Pooja Exps are regular office exps...and no FBT is applicable.
no tds is not atrracted towards daily pooja expenses. however, festive celebration like diwali, holi, id, etc. would attract fbt
Daily pooja expenses can be treated as office expenses. However, management contribution for celebration of Durga Pooja/ Diwali/ Id/ etc shall attract FBT since such expenses are for general welfare of the employees.
FBT provisions talk about only expenses relating to festival celebrations and not daily pooja exps
Dear friend,
Section 115WB(2) doesnot talk about pooja expenses.Section being wide we simply cant include expenses under FBT perview.Any how thanks for ur sharing.
Dear friends,
Thanks for your sharing of answers.This being my first question on caclubindia i am very happy for quick replies.
.
its better to charge whole of pooja exps to fbt rather than only including pooja exps during festivals which is a conservative approach.
though sec115WB only talks about charging fbt on pooja during festivals.
this is because it may also be classified as staff welfare exp
| Originally posted by :S.P.Mahanta | ||
| " | Daily pooja expenses can be treated as office expenses. However, management contribution for celebration of Durga Pooja/ Diwali/ Id/ etc shall attract FBT since such expenses are for general welfare of the employees. | " |
Dear mahata,
Thanks for giving the clarifications.
Shankar.
specify the list of expenditure for FBT
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