07 May 2008
Will FBT be levied on the amount of service tax on expense incurred ? E.g. Expense Rs.100/- Service tax on this exp Rs.10/- So, FBT will be levied on Rs.100/-or Rs.110/- ?
Some notification or circular or case law or some news had come in this regard. If anybody could provide the same, it would be of great help.....