FBT and Books and periodicals

This query is : Resolved

SANTHOSHA (Querist)
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06 December 2008 Hi

Our company paid 2000 towards books and periodicals for a year subscription and we have posted that amount under books and periodicals.

this amount spent by the company and not reimburshment to an employee

please guide me whether FBT applicable

santosh

Rajdeep Pawar

Rajdeep Pawar (Expert)
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06 December 2008 NO in this case FBT will not be applicable.

CA. Gurdeep Singh Chawla

CA. Gurdeep Singh Chawla (Expert)
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06 December 2008 Not applicable

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SANTHOSHA

SANTHOSHA (Querist)
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06 December 2008 Thanks

please help me on this:-
In our Company salary structure we have a head called telephone Reimbursement,

is this attract FBT, when Adavnce FBT Payable

employees are not provided any documnets as of now

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