25 August 2009
whether leave travel concession is taxable under F.B.T ? IF YES PLEASE GIVW ME EXPLANATION . I ALSO WANT T OASK THE QUESTION THAT - CABLE WIRE OF RS -57698 PURCHASE , IF IT IS CAPITALISED WHETHER TDS SHOULD BE DEDUCTED OR NOT
26 August 2009
LTC is not liable to FBT . cable wire purchased should be capitalized which depend upon the fact and situation & no tds as deductible as sale of goods are not liable for tds.