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FBT

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(Querist)
27 June 2009 is proprietory liable to FBT if there is even one employee and the turnover is over 40 lacs?
is proprietory liable to FBT if the sales turnover is more than 40 lacs and there is no employee?

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Arun Gupta

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Arun Gupta (Expert)
27 June 2009 FBT IS NOT APPLICABLE ON PROPRIETRSHIP CONCERN IN ANY CASE
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
28 June 2009 not liable
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