Fringe Benefit Tax

1725 views
User Avatar

Manager- Accounts/Tax/Finance
165 Points Posted on 18 February 2008

 

hello friennds,

I just want to know whether there is any FBT charged on Transport Facitlities provided by the employer to employees for commuting from the place of residence to office and vice-versa?

Please forward your reply as soon as possible.

Sanjeev Gandhi

 

 

Reply Share Follow Topic
On 18 February 2008 at 08:54 Report
Replies (6)
User Avatar

CA Final
658 Points Posted on 18 February 2008
Mr.Sanjeev, relax!!!!!!!! The answer for your question is a big NO. Free or subsidized transport facilities provided to employees from their residence to office and vice versa is EXCLUDED from the purview of FBT.
Reply
On 18 February 2008 at 09:24
User Avatar

TaXpert
12483 Points Posted on 18 February 2008
Sriram is right, Its excluded from the purview of FBT.
Reply
On 18 February 2008 at 14:34
User Avatar

Chartered Accountant
623 Points Posted on 18 February 2008
Transprt facilities to the employees is exempt from d ambit of FBT.But Conveyance Facility attarcts FBT.
Reply
On 18 February 2008 at 14:50
User Avatar

DGM-F & A
1654 Points Posted on 19 February 2008
No FBT on Transportation of staff from & To office
Reply
On 19 February 2008 at 15:00
User Avatar

CA Final Student
57 Points Posted on 20 February 2008
yeah it is exempy from FBT
Reply
On 20 February 2008 at 17:53
User Avatar

C A
2525 Points Posted on 21 February 2008
NO
Reply
On 21 February 2008 at 17:10

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. FAI & FAST-DS 2026 query
  2. Is GST registration mandatory in this case
  3. Buying a residential flat in Goa: should my wife b
  4. Income tax filling
  5. Applicability of RCM in the case of import of serv
  6. Confusion in gst registration for service category
  7. Itc claimed from return defaulters
  8. Gst input credit
  9. CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
  10. E-waybill

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details