fbt
This query is : Resolved
06 March 2009
the employer is paid an lic of the employee
so it applicable for fbt or not?
so it applicable for fbt or not?
06 March 2009
Under section 115WB(2)(E)- Only group personal accidental/wokmen comp. isurance premium not under a statutory obligations are covered.
There is nothing written about the single emplyee LIP premium.
In my opinion, you can avoid FBT and take the benefits.
There is nothing written about the single emplyee LIP premium.
In my opinion, you can avoid FBT and take the benefits.
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