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How to Calculate FBT

Answer Posted / venkateh

sir,

you can calculate following

for example communication expenses
1st quarter 2dn qar 3rd qar 4th qar total

2000 8000 4000 16000 30000

so per annm.exp. Rs. 30000/- you can take inthat 20%
Rs.6000/- now you have to calculate fbt rs.6000/-*33.99% and
travelling and conveyance exp. per annm 36000/- take 5%
same aove then 33.99 fbt will come then you pay
erg.

Is This Answer Correct ?    12 Yes 4 No



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