prerequisites after FBT cancelation

Hi All

Please tell me what are the prerequisites after cancelation of FBT?

 

Varsha

Replies (6)

 

prerequisites  are still same only FBT has abolished 

prerequisites  are still same only FBT has abolished  >>> you mean now there will be no TAX ?

ya there will not FBT....

Does it mean payment of entrance or membership fee of a club or health club will now totally tax free for Employee as well as employer ?

yes dear varsha,

no need of deducting fbt.

dear varsha,

i know you are not in accounts line then why you are searching a accounting question?

by the way all the best friend.

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