15 June 2009
Dear Experts, Please sort out my queries 1.If company pays any expend on hotel, boarding & lodging for employees or for any other person including an outsider consultancy firm, who is claiming reimbursement of their expenses paid by company is liable to pay tax under FBT.
2.Reimbursement of Mobile Exp paid to company employee s liable to pay tax under FBT.
3.Reimbursement of conveyance Exp paid to company employee s liable to pay tax under FBT.
4.Reimbursement of Traveling Exp paid to company employee and outside firm which are providing services to company such as Audit firm & consultancy s liable to pay tax under FBT.
5.Rent Paid by company for Bachelor Guest House (Using by Company Employee) s liable to pay tax under FBT.
6.Rent Paid by company for A/S installed at Bachelor Guest House (Using by Company Employee) s liable to pay tax under FBT.