Dear All,
My question is that
A company is paying Transport Allowance to all employees and we are claiming exemption of Rs 800 per month in their individual return.
Now company is also providing Transport Facilities to its employees.
My question is whether FBT willl be charged on this expense or not???????
Usually no FBT is charged on this kind of expense.
But due to the payment of Transport Allowance situation may Change as far as my own opinion is concerned.
Please guide me as soon as possible
Sanjeev Gandhi(CA)
CAclubindia
