F.B.T - Telephone Charges

This query is : Resolved

Gopi Gundelli (Querist)
Follow

08 June 2009
Request to clarify:

Land Line Telephone Charges are exempt from FBT under Leased Lines. If yes please send supporting document for the same.

G.Gopi

Jitender

Jitender (Expert)
Follow

08 June 2009 no, they are not covered under lease lines system , therefore, chargeable to fbt.

CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
Follow

08 June 2009 as per section 115WB (2)(J) The use of telephone (including mobile phone) other than expenditure on leased telephone lines is liable for FBT.
Therefore it is clear that there is no FBT on leased line telephone

Upgrade to CAclubindia Pro. Subscribe Now!