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
2 Replies
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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