Is FBT charged on daily puja expenses in factory or office?
9 Replies
CA Hemant T Dewani
(Chartered Accountant)
(3356 Points)
Replied 10 May 2008
yes it is under festival expences & charged 50% to fbt
SANTHOSHA
(ACCOUNTS)
(36 Points)
Replied 13 May 2008
We are paying Bus contractor for bringing employees from home to office and back . pls tell me whether FBT or not
PREM
(ACCOUNTANT)
(28 Points)
Replied 13 May 2008
we having one bus which is used to pickup & drop our employees. Pls tell me whether cost of the depreciation of a bus, fuel charges, driver salary attract FBT or Not
rajesh HT B.Com.,PGDFM.,CA(F)
(Article Assistant)
(214 Points)
Replied 14 May 2008
we are paying to employees an amount of Rs.25000/- towards airteravel expences who tarevel for the purose of busines development and attending claints work. whether it attracty FBT?
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 17 November 2008
I dont think Puja expenses willbe taken in Festival expenses but that should be mis. exp. and then not applicable for FBT
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