fringe benefit tax

This query is : Resolved 

06 March 2009 whether internet charges is liable for fbt & what is leased telephone line

06 March 2009 Internet charges will not come under FBT only if the connection is through Lease Line. If you have Lease Line for your interent connection then no FBT applicable and you also need to post these expenses separately in the books.

If you have internet connection other than Lease Line then FBT will be applicable.

For knowing that you have Lease Line connection or not please contact to your service provider.

06 March 2009 AGREED WITH CA TILAK RAJ SHARMA




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