26 April 2009
Broadband connection is also treated on par with telephone expenses and therefore FBT is attracted automatically. Section 115wb(2) (j) gives the exemptions.
By means of Internet public at large can access such a vast amount of information / knowledge. Yes it can be treated as a chatting tool; but these are the developments of technology. Further it may not be necessary that one should have a telephone connection.
Please give a fresh thought to the subject whether Internet Expenses can be covered within the meaning of Telephone Expenses.
CAclubindia
