Scope of FBT

Others 886 views 2 replies

Dear All,

We are manufacture cum traders, we provide credit note to our dealers on achivement of Sales Target.....and we book the expenses as Product development Expenses.....pls let me confirm is it covered in FBT ??

Thanks & Regards

Sanjay Dwivedi

9871530171

 

 

Replies (2)

Incentives you provide on achievement of sales target cover under FBT.

But plz consider that the expences of these type u book under seperate head not under the product development expences because some times that expenditure can be shown as asset.

Dear All,

We are manufacture cum traders, we provide credit note to our dealers on achivement of Sales Target.....and reduced the balances of Dealers---------.pls let me confirm is it need to deduct the TDS from dealers ??


Thanks & Regards
Sanjay Dwivedi
9871530171
 

 

Originally posted by :Sanjay Dwivedi

" Dear All,
We are manufacture cum traders, we provide credit note to our dealers on achivement of Sales Target.....and we book the expenses as Product development Expenses.....pls let me confirm is it covered in FBT ??
Thanks & Regards
Sanjay Dwivedi
9871530171
 
 
"


 


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