FBT on Ticket for tours & Travels

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Dear Sir,
Thanks for the answer.
My company is a Trading company in Safety and Security Electronic Materials.
Now please tell me is it come into 5% Or 20 % category???

Thanks
Replies (6)
20 % travelling
my dear all travelling exp covered in the criterea of 20 % excepts for pharma co., software produntion e.t.c,it covered in criterea of 5 %
hi guys its 5% from a.y. 2007-08 for travelling for all companies
Dear Sir, Thanks for the answer. My company is a Trading company in Safety and Security Electronic Materials. Now please tell me is it come into 5% Or 20 % category??? Thanks
I agree with Nitesh, It is 5 % for all companies from AY : 2007-2008.
it is 5% from AY 2007-08


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