Answer / ankit trivedi

F.B.T is a tax on Expense rather than tax on Income. It is
applicable to specified persons namely Firms, Companies etc.
Individual and H.U.F are exempted from the purview of F.B.T.
Taxable value of specified expenses is determined by
applying the relevant rate (for eg. 30% for conveyance)
specified in chapter XII - H of the Income tax Act, 1961.
Then tax is charged on such taxable value at the flat rate
of 30% (plus surcharge if applicable) plus 3% of education
cess. To avoid penelty in the form of interest Advance
F.B.T. is to be paid every quarter.

Answer / ashish baisoya

fbt tax is a tax payable by employer for the welfare of
employee

Answer / sourabh

fbt tax is a tax payable by employer on the value of
certain fring benfit their employee

this tax payable by an employer

its due to every fbr year (1apr09 to 31 mar)

fbt is treated by annual tax

What are the benefits ofparticipation in a depository?

0 Answers   Mellon,

---

Which document to be required for the application with PAn of Pvt Ltd company ?

2 Answers  

---

what is the difference between shares & debentures

3 Answers  

---

What is the Casting ?

4 Answers  

---

expand------STR

1 Answers  

---

What is Provision of expenses?

3 Answers   Accenture,

---

give me only one transactions in both side (debit&credit) should be in real accounts

0 Answers   Wipro,

---

Expand C & F Agent

3 Answers  

---

Expand H M D A

3 Answers  

---

when apply for ragistred in central excise no

0 Answers   Gripwel Fasteners,

---

what is the rate of TDS for transpotation

3 Answers  

---

define the REVENUE

2 Answers  

---