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Perks Vs FBT

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(Querist)
25 December 2008 I want to know the basis for determinig whether an expense is liable to FBT or taken as Perks.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
25 December 2008 Specific expense is to be analysed in view of the provisions dealing with the same. Please elaborate the nature of expense or perk.

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