fbt

This query is : Open

Deepanshu arora (Querist)
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08 April 2009 can any one tell me the rason of excluding (tea coffee and lunch provide to employees in office premises or in factory)from the net of FBT.

also give clear crisp reading on fbt ( if Anyone hv it)

plz help me

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
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08 April 2009 The main reason is the expenditure is not properly measurable and which can not be measured can not be taxed.

Whatever if it is not taxed to FBT then therre is no issues. Do you want to include it to FBT area???