Hi All
Please tell me what are the prerequisites after cancelation of FBT?
Varsha
6 Replies
Pankaj Arora
(Learner)
(3134 Points)
Replied 19 April 2011
prerequisites are still same only FBT has abolished
varsha
(ghhg)
(93 Points)
Replied 19 April 2011
prerequisites are still same only FBT has abolished >>> you mean now there will be no TAX ?
varsha
(ghhg)
(93 Points)
Replied 19 April 2011
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 ?
dinesh sharma
(Accounts Manager)
(81 Points)
Replied 20 April 2011
yes dear varsha,
no need of deducting fbt.
dinesh sharma
(Accounts Manager)
(81 Points)
Replied 20 April 2011
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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