Easy Office
LCI Learning

fbt

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 March 2009 the employer is paid an lic of the employee
so it applicable for fbt or not?
Profile Image

CA Tilak Raj Sharma

Profile Image

CA Tilak Raj Sharma (Expert)
06 March 2009 Under section 115WB(2)(E)- Only group personal accidental/wokmen comp. isurance premium not under a statutory obligations are covered.

There is nothing written about the single emplyee LIP premium.

In my opinion, you can avoid FBT and take the benefits.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links