Regarding FBT
This query is : Resolved
17 June 2008
Amount incurred by the compny for recruitment expenses such as reimbursement of expenses for travelling from Residence to Office for Interview, accomodation expenses paid if coming form outside. Whether such expenses are liable to FBT or Not?
Plz reply.
Thanks
Regards
Pratik
Plz reply.
Thanks
Regards
Pratik
17 June 2008
no fbt,because they are not employee of our co.
17 June 2008
but how we treat those expenditure of those employees who are appointed in our co. after the interview procedure
18 June 2008
Since the expenditures are incurred before joining and that time there was no Employer & Employee relationship existed b/w a particular candidate and Co. so i think it should go to Recruitment Expenses, and not liable to FBT
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