Poonawalla fincorp
Poonawalla fincorp

Sec. 115WB FBT on expenses at AGM

This query is : Resolved 
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(Querist)
22 October 2008 Listed company incures various expenses at Annual Gen Meeting for provision for hospitality food & brevarages,hotel logging, Conveyance etc. Please clarify whether these expenses come under scope of FBT U/s 115WB
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
22 October 2008 Yes it will come under the scope of FBT as well.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
22 October 2008 115 WB(2)(A) attracts.
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