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FBT.......................

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(Querist)
21 November 2008 We are paying incentive to our sales executive for excess achievement their target. So, please tell me sir, FBT required to pay on this incentive.
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Ravikumar.G

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Ravikumar.G (Expert)
21 November 2008 Incentive is form part of salary. It should be included in his salary. hence no FBT.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
22 November 2008 It is definitely a component of salary and taxable as such. Hence, FBT is not payable.
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