FBT

This query is : Resolved 

17 June 2009 Whether fbt is applicable on medical reimbursement latest law applicable

17 June 2009 yes, this will treated as reimbursement to employee & hence applicable for FBT.

17 June 2009 CBDT circular 8/2005 dated 29th august 2005 mentioned that medical reimbursement upto 15000 is chargeable to tax as FBT.





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