Dear Sir,
I want to know that if any fixed TA/DA (towards boarding & lodging) paid to employee than whethere it is chargeable (under travelling expenses)for FBT or not.
Regards
Azad Bhalla
AZAD BHALLA (SERVICE) (71 Points)
17 September 2008Dear Sir,
I want to know that if any fixed TA/DA (towards boarding & lodging) paid to employee than whethere it is chargeable (under travelling expenses)for FBT or not.
Regards
Azad Bhalla
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 17 September 2008
Yes it is subject to FBT.