FBT on Site Allowances

This query is : Resolved 

17 December 2008 Whether Site Allowances paid to employees attract FBT

17 December 2008 if it is debited to p&l a/c
if it is part of salary debited to p&l a/c then it is not liable to fbt

17 December 2008 Site allowance is form part of salary and FBT is not attracted.




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