abolishment of FBT create salaried class difficult because many of their perquisite are taxable after budget which are exempt in the hand of employees
manish singla (CA FINAL) (146 Points)
08 July 2009abolishment of FBT create salaried class difficult because many of their perquisite are taxable after budget which are exempt in the hand of employees
Ashish M
(Chartered Accountant)
(2731 Points)
Replied 09 July 2009
The budget intend, in respect of taxation of perquisites, to bring the same situation as that was before the bringing of FBT..........
CAclubindia
