Hi
My name is prasad. I am working with entertainment channel. I want to know that expenses incurred for travelling & car hire during programme production are liable for FBT. These exps are for production team or outsourced team.
Regards
Prasad
prasad kothare (service) (34 Points)
15 October 2008Hi
My name is prasad. I am working with entertainment channel. I want to know that expenses incurred for travelling & car hire during programme production are liable for FBT. These exps are for production team or outsourced team.
Regards
Prasad
sagar
(CA Final)
(379 Points)
Replied 15 October 2008
| Originally posted by :prasad kothare | ||
| " | Hi My name is prasad. I am working with entertainment channel. I want to know that expenses incurred for travelling & car hire during programme production are liable for FBT. These exps are for production team or outsourced team. Regards Prasad |
" |
Hi Prasad,
It is not the purpose but the type of expenses that attract FBT.
Travelling will be charged to FBt on 5% of Travelling Exp and Coveyance will be charges @ 20%. Please segregate hotel expenses from Travelling
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