FBT

This query is : Resolved

harish (Querist)
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19 January 2009 Dear Sirs,

If a company allowed their employees for individual mobile connection having CUG facility & mobile company generate 1 bill for all employees which will deduct from the monthly salary of employees & employer will pay thru cheque to mobile company then in this system employer will be liable for pay FBT tax ?

Please advice.
Thanks

MAYUR JOSHI

MAYUR JOSHI (Expert)
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19 January 2009 No FBT will be levied in above circumstances, As There is no expense on the employer's account. Employer is paying bills after deducting respective amount from every employees.

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