Hi
Does external training attract FBT under the head 'conference'.
Rgds
Rajashree
H S Rajashree (MBA in Finance) (221 Points)
13 April 2009Hi
Does external training attract FBT under the head 'conference'.
Rgds
Rajashree
H S Rajashree
(MBA in Finance)
(221 Points)
Replied 14 April 2009
can somebody reply to this query pls?
Vinay Chopra
(CA )
(197 Points)
Replied 14 April 2009
hi,
Yes, expenses incurred for attending training programmes organised by Trade Bodies or institutions or any other agencies is liable to FBT u/s 115WB(2)(C).
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 21 April 2009
I think no one can asnwer it without being knowing the nature of training.