banner_ad

FBT - TRAVELLING EXPENSES

Others 2812 views 5 replies

WHETHER THE EXPENSES INCURRED ON TRAVELLING INCLUDES HOTEL EXPENSES INCURRED FOR THE PURPOSES OF FBT AS  BOTH EXPENSES ARE COVERED UNDER DIFFERENT HEADS  

 

Replies (5)
Since use of hotel, boarding and lodging facilities are included specifically under clause (G) of sub section (2) of section 115WB , hotel expenses incurred in the course of travel have to be excluded from travel (which falls under clause Q of sub section (2) of section 115WB) and the value of for the purpose of Fringe Benefit is to be computed seperately
yes, what ever chitra chandrashekar said is right, but i have onemore issue, whether the visa processing charges spend for the employees how to consider
No, not to exclude hotel expenses since it is incurred during the travelling.
visa charges are part of the travelling expenses and hence will be liable for FBT. With regard to hotel expenses while on travelling, position is debateable as in accounts the hotel expenses so incurred are part and parcel of the travelling expenses. If you can recall, when earlier travelling expenses used to partially disallowed, hotel expenses were part and parcel of travelling expenses.
as per my openion, as hotel,lodging and boarding exps are separetly metioned, you should include all the hotel, boarding and lodging irrespective while on travel or not, should be included under that head


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details