Hi all,
Please tell whether FBT is applicable on uniform expenses incurred for purchasing uniforms for the employees.
Bhavadharani (Final student) (168 Points)
26 August 2008
Hi all,
Please tell whether FBT is applicable on uniform expenses incurred for purchasing uniforms for the employees.
SHYAM
(SERVCIE)
(40 Points)
Replied 28 August 2008
Originally posted by :Bhavadharani | ||
" |
nExpenditure incurred for providing and maintaining uniform shall be exempt from FBT if it is an obligation under the Employment Standing Orders Act , 1948
|
"
NIKUNJ RATHI
(C.A)
(56 Points)
Replied 01 September 2008
Any expenditure incurred for meeting the employer's statutory obligations under the Employment standing Orders Act, 1948 fall within the scope of the exclusion in the Explanation to Clause E of Sub-section 2 of Section 115WB.
Kuldeep Maloo
(Audit Manager)
(90 Points)
Replied 19 November 2008
if it is a statuatory liability then it is not chargble for FBT otherwise it is chargeable for FBT