Answer / vishwajeet

FBT is the short form of FRINGE BENEFIT TAX newly introduced
in the budget 2005.
Tax on the expenses paid by the assessee during the
financial year. Expenses such as telephone expenses . food
and beverages, client entertainment expenses , etc. for
further details like limits, advance tax and date of payment
and assessment and appeals please refer section 115WA
onwards for the Income tax Act (Ammendment) Act 2005.

Answer / l.govinda.rao

Fringe benefit tax.
No limit

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax calculation in detailed?

6 Answers  

---

ONE EMPLOYEE TAX CALCULATION: GIVE INVESTMENT OF HOUSEING LOAN BUT HOUSEING LOAN TAKEN HIS BROTHER AND SECOND APPLICANT THIS EMPOYEE SO, QUE ARRISE IF INVESTMENT DOCUMENT OF LOAN TAKEN OR NOT....?

1 Answers   INDUS,

---

What is LST Number

3 Answers   Parcelex, WNS,

---

Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..

0 Answers  

---

Dear friends please let me know, what % of amount has deduct from vendors bill for civil supply and instollation work

3 Answers  

---

which amount filling in c form (in invoice) its urgent basic value of item + excise duty + cst

2 Answers  

---

if we are deducting TDS on sodexo .4% means , wht the surcharge & cess in that

1 Answers   IonIdea,

---

when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com

0 Answers  

---

Hai iam a VAT Registered dealer am a manufacturer and am going to sell my products to unregistered dealers i can pay d 4% vat.. how can i make my bill format for this sgrc.gy@gmail.com. anybdy kno means pls mail me.

0 Answers  

---

If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion

0 Answers   A1 Technology,

---

CAN MINOR GET PAN AND FILE THE RETURN?

3 Answers  

---

plz tell me Vat Return & Vat Forms

2 Answers  

---