Whether FBT is applicable on the Concessional Loan given to Employees.i.e. House builiding Loan Less than the market rate.
Whether FBT is applicable to reimbursement of Lease Maintenance Expenses to the Employees'.
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FBT on Concessional Loan to Employees
Replies (2)
No FBT, provided clubbed in Salary
fbt deals only those matters which don't comes into the perview of perqs.
concessional lans are comes into above maintioned matter hence treated
as perqs. if applicable.
concessional lans are comes into above maintioned matter hence treated
as perqs. if applicable.
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