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accounting for fringebenefit

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(Querist)
16 August 2008 what is journal entry for salary paid to motor car driver which attract fbt. please do clarify
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
17 August 2008 Assuming that the driver is your employee, the entry is

Salary Dr
To cash/Bank

Here it does not attract FBT

There is no way a salary to the driver to attract FBT. But a perquisit to him can.

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