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FBT (Reimbursement of Club Bills)

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(Querist)
24 December 2007 Dear Sir/Ma’am,

Reimbursement of Club blls of employees is not perquisite.
Whether FBT is liable?
Bcoz in any club facility FBT is liable.
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R.V.RAO

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R.V.RAO (Expert)
25 December 2007 50% OF COST OF REIMBURSEMENT OF CLUB BILLS IS TAXED AS FBT UNDER
SECtion 115WB(2)(N) OF IT ACT.
R.V.RAO
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CA Anil Jain

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CA Anil Jain (Querist)
20 May 2008 Which kind of Club?

whether all clubs e.g. FIcci CII Fees ( Annual membership fees liable to FBT)
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CA Anil Jain

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CA Anil Jain (Querist)
20 May 2008 Which kind of Club?

whether all clubs e.g. FIcci CII Fees ( Annual membership fees liable to FBT)
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Jitender

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Jitender (Expert)
08 September 2008 membership fees is npt liable to fbt.

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