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%.

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