Whether FBT is payable on EDLI charges paid by the Company?
Please Advise
Haresh Bhanushali (Accountant) (89 Points)
02 June 2009Whether FBT is payable on EDLI charges paid by the Company?
Please Advise
PRAVEEN KUMAR
(MBA (Finance) B.Com.(P))
(3443 Points)
Replied 02 June 2009
In my view EDLI Adm. Charges are not subjected to FBT.
they are not covered under FBT till now
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