Wheather FBT is applicable on expenses incurred by the company on maintenance of flat of MD or it should be accounted as perquisites in the income of MD?
3 Replies
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 22 October 2008
Perquisite.
SUNIL
(business)
(29 Points)
Replied 22 October 2008
Thanks a lot, can you please send me some cases where it is treated as perquisite.
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