CMVASUDEVA (Service) (28 Points)
18 September 2008Dear Friends
My company provide Uniform to Workers and staff with Logo of Company Name on Pocket of shirt. Please guide us whether expenditure incurred by the Company for providing such Uniform to workers and staff members of the company would attract F B T?
Please reply as soon as possible
With Best Regards
CMVASUDEVA
AZAD BHALLA
(SERVICE)
(71 Points)
Replied 18 September 2008
| Originally posted by :CMVASUDEVA | ||
| " | Dear Friends My company provide Uniform to Workers and staff with Logo of Company Name on Pocket of shirt. Please guide us whether expenditure incurred by the Company for providing such Uniform to workers and staff members of the company would attract F B T? Please reply as soon as possible With Best Regards CMVASUDEVA |
" |
Expenses on uniform provided to employees exempt from FBT only upto the extent such expenditure incurred to meet the statutory any statutory obligation. See clarification note below:
74. Any expenditure incurred for meeting the employers 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. Therefore, expenditure incurred on providing safety shoes or uniform or equipment to the employees or incurred for the purposes of reimbursement of washing charges, is exempt from FBT to the extent such expenditure is incurred to meet such statutory obligation
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
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