FBT ON CONVENE & TRAVELLING

This query is : Resolved

CA SUREANDER NAHTA (Querist)
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19 December 2007 1 EXP ON MOTORCYCLE EXP & DEPRECIATION.

2 TRAVELLING EXP RS. 10000/- INCLUDE
Rs. 4000/- Hire Charges of Car
Rs. 3000/- Hotel Charges.
Rs. 500/- Taxi Charges.
Rs. 2500/- Fooding Exp at Branch During
Business Hour.
WHAT AMOUNT OF TAX?

3. VECHILE RUNNING EXP.
A TWO JEEP IS PURCHASE FOR TRANSPORT
OF GOODS FROM FACTORY TO SHOWROOM.
B NEW JEEP PETROL EXP (FROM GODOWN TO
SHOW ROOM)
4. A WATCH & SUIT (SAME COLOUR)GIVE
TO OFFICE STAFF FOR OFFICE DRESS.

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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27 February 2008 1. Maintenance Exp on Two-wheeler-Nil
2. Travelling-entire amount is subject to FBT
3.Vehicle Running-Entire amount is subject to FBT
4. Watch and suit- Entire amount is subject to FBT