FBT Clearification

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Anupam Bajaj (Querist)
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05 March 2009 Dear All,

Section 115WB(2)(J)of Income Tax Act, 1961, As per section, Use the telephone (including mobile phone) other than expenditure on leased telephone lines.

What is mean of Leased Telephone Lines, What type of telephone expense is not include in FBT Calculation.

Thanks in advance...........

Jitender

Jitender (Expert)
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05 March 2009 leased lines are the lines in which phone lines are taken on lease in which rentals are paid in lakhs. these lines are generally used in call centres.