fbt on tour & trav. of ders.'wife and child.

dear abid, here traveling expenses will go under free ticket provided by employer to directors and there faimly under sec115WB(1)(b) and will attract FBT @ 100% value,and there living and hotel expenses will go in hospitality.

FBT on travelling expenses u/s 115WB(1)(B) will not apply in case where the employer is not in the business of carriage of goods or passenger or to the agents of such employer. If the employer is not in the business of Carriage then FBT will apply u/s 115WB(1)(f). However expenses incurred by the employer on the wife and childrens of the director will be disallowed and hence FBT will not apply on such portion of disallowed expenses.

Hi I have similary type of query, many of the software company does send their spouse along when the onsite trip are for longer period. In these cases the travel ticket expense are met by the employer. In which section of FBT does it fall & what is the rate?. Please advice.