FBt applicability on telephone exp.
This query is : Resolved
05 May 2008
If telephone bill includes internet charges,then the internet charges should be included in the value of Fringe benifits or such internet charges should be excluded from the bill amount,i.e., amt given in the telephone bill?
05 May 2008
Internet charges should be excluded from the telephone bill as FBT is not applicable for Internet charges.
05 May 2008
Expenditure incurred by the employer on leased telephone lines (say for internet connection) is not a fringe benefit under this clause and hence not chargeable to Fringe Benefit Tax;
05 May 2008
ok thanks for your answering sir/madam.thank you very much
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