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Fringe benfit tax

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(Querist)
11 August 2007 Dear sirs,
My query is about FBT.

Electricity Exp. incured on Guest house.
Is above exp include in repair & maintenance on guest house for the purpose of FBT?
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sanjeet

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sanjeet (Querist)
11 August 2007
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Santosh Kumar Agrawal

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Santosh Kumar Agrawal (Expert)
11 August 2007 Yes Dear,
It will be included with Guest House expenses and will be taxable under 20% slab.
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CA Mani

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CA Mani (Expert)
13 August 2007 Yes

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