WHETHER FBT IS APPLICABLE TO RELOCATION EXPENSES ?
Menu
FRINGE BENEFIT TAX ON RELOCATION EXPENSES.
Replies (6)
Yes dear, it is applicable @ 20%
Dear Saroj,
Please explain your question in better way...Is it relocation of Business or Employee?
Whether FBT tax is applicable on prepaid amount or not. For Example Insurance paid Rs.10000/- out of which Rs.2000/- debited to PL and Rs.8000/- debited to Prepaid expenses, whether FBT is applicable on Rs.2000/- or Rs.10000/-?
Whether FBT is calculated on net travelling exp. or Gross exp.?
| Originally posted by :Guest | ||
| " | Whether FBT tax is applicable on prepaid amount or not. For Example Insurance paid Rs.10000/- out of which Rs.2000/- debited to PL and Rs.8000/- debited to Prepaid expenses, whether FBT is applicable on Rs.2000/- or Rs.10000/-? | " |
| Originally posted by :Guest | ||
| " | Whether FBT tax is applicable on prepaid amount or not. For Example Insurance paid Rs.10000/- out of which Rs.2000/- debited to PL and Rs.8000/- debited to Prepaid expenses, whether FBT is applicable on Rs.2000/- or Rs.10000/-? | " |
Recent Threads
- Unable to Enter Values Indexed Cost on Sale of Hou
- AI-Powered Taxation in 2025: How GST, ITR, and Aud
- How to Manage Time as a CA Aspirant – Smart
- Completing the ITR-3 Form Online: A Complete Guide
- GSat on sale of assets
- 234 f penalty
- GST REGISTRATION FOR CARPENTER WORK
- Standard deduction for family pensioners
- Concerning tax savings or understanding the long-t
- F&O losses
Related Threads
CAclubindia
