As I know that FBT paid on Expenses incurred for welfare of Staff. I would like the following expenses covred under FBT
1. We have reimbursed the expenses to Professional regarding thier visit to office our from Mumbai to Delhi. ie Tour & Travelling, Conveyance, Telephone Etc. the same expenses book under the head tour & travelling, Conveyance, Telephone.
2. Same as we bear the tour (Air fare & Hotel Exp.)expenses of our customer and book under tour & travelling, conveyance etc.
20 September 2008
No FBT on expenses of professionals. Pl see Circular No.8/2005 dt 29/8/05 issued by CBDT (Answer to Q.No.13 in the said circular containing FAQs)