01 May 2008
Can any one tell me whether following expenses are chargeable under FBT or not: 1)company contribution towards Labourwelfare fund. 2) Staff Recruitment Exp 3) Education Reimbursement 4) Staff Transport Exp. 5) Funeral exp 6) Insurance Exp borne for the motorcar used by employee.
01 May 2008
Please tell me whether medical expenses incurred for hospitalisation of employees or family members is chargeable to FBT if expenses is more than 15000 Rs in a year?