banner_ad

FBT on Preoperative expenses

Others 1195 views 3 replies
Is FBT Applicable for Preoperative expenses (which includes telephone, staff welfare and travelling) made by a company?
Replies (3)
For FBT, no distinction made between preoperative or post operative.
Yes,FBT is applicable on any expenditure incurred for the purposes covered in clauses (A) to (P) of Sub section (2) of 115WB.It doesn't matter whether exp are incurred prior or after the commencement of business. dear also see the Question No 16 of CBDTs Circullar No 8/2005 Dtd 29.08.2005.
yes, FBT is applicable on preoperative expenses, if its covered in perview of FBT levy


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details