FBT liable on exp on Board meeting of Director

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Mahender Jain (Querist)
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28 April 2009 Company paying Fooding & Hotell booking exp for General Board Meeting of Director

whether these exp are liable for FBT or not

chetan soni (Expert)
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28 April 2009 yes, as director is also an employee of the company. So the expenses incurred on account of board meeting is liable for FBT.

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