hi hi friendz

Others 918 views 2 replies

CA -PCC

131 Points Joined November 2007

hi hi friends

i m an article student;;;; i dont hve basic knwoledge in FBT, kindly help in knwin tat;;;

i wanna a classification as which items comes under 50%,5%,20%' and exemptions;;;; and d reasons tooo

kindly help me

Replies (2)

Chartered Accountant

747 Points Joined April 2008

You can find the FBT calculator in the share files section:

552 Points Joined January 2008

50%FBT on vaue of FB provide >>> on gifts and scholarship, and festival celeb exp's

5% >>> on Tour & travel Exp

20%>> is a general rate of FBT having conveyance, business prom exp, conference, etc

For more details check out the share files section as our friend above has given link to that..

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