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FBT rate on Boarding & Lodging Exp and Travelling Tkts

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(Querist)
06 December 2008 Dear Sir,

I want to know what is the FBT rate applicable on the boarding and Lodging Exp and also on Travelling Tkts Foreign and Domestic

Regards

Ravi Konda
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Rajdeep Pawar

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Rajdeep Pawar (Expert)
06 December 2008 Value of Fringe Benefit in case of Boarding & lodging Expenses is 20% & in case of Tour & Travelling it is 5%. Rate of FBT is 30% plus cess & surcharge as applicable.

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