Fringe Benefit TAx
This query is : Resolved
28 March 2008
Is there any difference in the fringe benefit rate for "conveyance" & for "Tour & travels".
28 March 2008
FOR CALCULATION OF TAXABLE VALUE CONVEYANCE IS 20% WHEREAS TOUR AND TRAVEL IS 5%
28 March 2008
FOR ASSESSMENT YEAR 06-07 FBT ON CONVEYANCE AND TOURS AND TRAVELS INCL. FOREIGN TRAVEL@20%(CONSTRUCTION.PHARMA,SOFTWARE BUSINESS @ 5%).
FROM ASSESSMENT YEAR 2007-08 FBT ON CONVEYANCE IS TAXED @ 20% AND TOURS AND TRAVELS,FOREIGN TRAVEL @ 5%.
R.V.RAO
FROM ASSESSMENT YEAR 2007-08 FBT ON CONVEYANCE IS TAXED @ 20% AND TOURS AND TRAVELS,FOREIGN TRAVEL @ 5%.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
