Is the company is liable for FBT or not
This query is : Resolved
10 December 2008
an employment providing company when send any person for interview to any other company and it bears the conveyance and travelling expenses
Is the company is liable for FBT or not
Is the company is liable for FBT or not
CA Tilak Raj Sharma
(Expert)
10 December 2008
No, Only conveyance and travelling allowance and reimbursement to the employees will under the ambit of FBT. Remember you need open a separate account for expenses on which FBT is applicable and on which it is not applicable.
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