Ho to calculate FBT ? Which Exepense heads are comes under
the category of FBT ? What is th e slab or rate ?

Answer Posted / shobhit_agarwal08

it basically depends on which category the expense is
included.there are three categories under which the expense
are included.
u have to refer section 115WB of income tax for it
all expense heads except printing and stationary comes under
the ambit of FBT.
the slab rate of FBT is 33.99%

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