ON WHICH FBT IS APPLICABLE,
WHTS ARE THE CURRENT RATE OF FBT FY-09-10
WHAT IS LAST DATE OF DEPOSIT FBT TAX & RETURN
Answer Posted / deepesh choudhary
FBT IS CHARGEABLE ON PERQUISITES PROVIDED BY ANY COMPANY TO
HER EMPLOYEES LIKE CONVEYANCE,CAR,MOTOR BIKE,REFRESHMENT
TICKETS,TRAVELLING EXP, STAFF WELFARE,TELEPHONE EXP, AND
ENTERTAINMENT EXP INCURRED IN THE YEAR. AND IT'S PAID IN
ADVANCE AND THE RATE OF FBT IS.
CONVEYANCE EXP TOTAL 20% OF TOTAL EXP
THEN MAKE THE TOTAL OF ALL THE EXP. AS LIKE IS GIVEN THEN
CHARGE 30% FBT ON THE TOTAL OF 20% OF ALL EXP.THEN ADD
SURCHARGE 10% AND EDUCATION CESS 3%.
| Is This Answer Correct ? | 8 Yes | 1 No |
Post New Answer View All Answers
IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .
How to calculate the TDS
What is c.s.t slab on furniture & fixture ?
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
What is cenvat credit?
how to modify 12% to 13.5% in tallyerp9 release 1.6
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?
WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.