FOREIGN TRAVEL EXPENDITURE

This query is : Resolved

CA Prabhakar Dubey (Querist)
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20 August 2008 RESPECTED MEMBERS,

THE EXPENDITURE INCURRED FOR TRAVELLING OUTSIDE INDIA WITH ANOTHER EXPENDITURE INCURRED LIKE HOTEL, BOARDING AND LODGING, FOOD EXPENSES SHOULD BE BIFURCATED ON "SEPARATE HEADINGS" OR JUST BOOK EXPENSES IN "FOREIGN TRAVELLING" FOR CALCULATION OF FBT.

PLEASE REPLY AS SOON POSSIBLE.

REGARDS,

PRABHAKAR

CA E.A.Ravikumar

CA E.A.Ravikumar (Expert)
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20 August 2008 Tour, Travels (including foreign travel )comes under 115WB(2)(F) &

Use of Hotels, Boarding and Loding comes under 115WB(2)(G)

also for tour & travel, concessional rate of perk value is available for certain category of employer.

Therefore the expenses have to be shown seperately