Please tell me the minimum exemption limit to applicable
Fringe Benefit Tax.
Answers were Sorted based on User's Feedback
Answer / venkat
no limit of exemption in respect of fringe benefit tax.
| Is This Answer Correct ? | 21 Yes | 1 No |
Answer / apar jain
In Fringe Benefit Tax there is no exemption limit.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / nishat ali khan
As FBT is a tax which is imposed on the extra facility
given by employer to his employees. So there is no
exemption is been given to employer by income tax. FBT
should be paid by paid employer whether the company runs in
profit or not. But income tax has given a facility in case
of deemed FBT u/s 115WB(2) that 20% of the total expense
will be considerd in calculation of FBT but its apply to
u/s115WB(2)(A)to u/sWB(2)(K) where as from u/s115WB(2)(L)
to115WB(2)(P) is 50%. But in case of 115WB(2)(Q)its 5%
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / megha arora
There is no exemption limit for FBT.Whether there is profit
or loss FBT is mandatory.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / pramod shukla
No exemption limit to fring benifit Tax and fringe benifit
tax no mandatroy financial year 2011-12
| Is This Answer Correct ? | 0 Yes | 0 No |
procedure to get Raw Material free of excise duty under Central Excise Act,
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
what is tax deduction on monthly salary
1 Answers Genpact, Manufacturing, MNC,
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
Please let me know How to deduct TDS when we paid amt to the vendor in account payable and what procedure for doing payment of tds and how
DO anyone need TDS(tds is tax deducted at sources ) Software?Saral TDS is the software for electronic filing of TDS and TCS returns as per the provisions of Income Tax Act. With thousands of customers throughout India, It has been the proven best eTDS Solution for the eReturns. Saral TDS has also been known for being used by several Nationalized Bank Branches, Such as Indian Bank, Union Bank Of India, State bank of India, SBM, SBH, Vijaya Bank, Karnataka Bank and So On.. contact reka_raj_pmc@yahoo.com
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?
which within months we took service tax input. that means 3 or 6months
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
Are woollen Blankets (Rugs) taxable under CST ? Can unregistered party sell it.
What is the present rate of T.D.S and what is the tax for person salary at present
8 Answers Accenture, Accounting, B Jain Publishers, College School Exams Tests, Monika Telecom Pipes, Net Edge, Wipro,
why use diff vat forms like vat51 vat3 why