regarding FBT applicable

This query is : Resolved 

22 May 2009 If co. didn't have any employee then FBT is not applicable, But is it applicable when co. Director's are itself also a employee of company?

22 May 2009 fbt applicable....
As directors are also act in the capacity of employee sometimes.

22 May 2009 Directors are not employees of the company, but are agent.So, if there is no other employee, then it will not be applicable




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