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FBT

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(Querist)
16 March 2009 Conveyance (U/s 10 (14) )paid to employees in salary structure. FBT is applicable on that amount ?
If yes what's rate?
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
16 March 2009 FBT is not applicable on Conveyance Allowance u/s 10(14).
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
16 March 2009 FBT is not applicable
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Shailesh Prajapati

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Shailesh Prajapati (Expert)
16 March 2009 F.B.T is not applicable on any allowance which is categorically identifiable.

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