FBT - Exps

This query is : Resolved 

27 June 2008 is FBT we can treat as expense ?
is it allowed to debit side of p n l as an expese ?

27 June 2008 Yes u can.....But the payment of FBT will not be allowed as deduction while computing taxable income under Incometax Act...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries