Ho to calculate FBT ? Which Exepense heads are comes under
the category of FBT ? What is th e slab or rate ?
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Answer Posted / abhishek
FBT MEANS FRINGE BENEFIT TAX.
THE EXPENSES COMES UNDER F.B.T.THEY ARE:
1.TELEPHONE
2.CONVEYANCE
3.BUSINESS PROMOTION
4.STAFF WELFARE
5.VEHICLE MAINTANCE (ONLY FOR 4 WHELLER)IT MEANS CARS
6.TOURS AND TARVELS
| Is This Answer Correct ? | 69 Yes | 11 No |
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