hi hi friends
i m an article student;;;; i dont hve basic knwoledge in FBT, kindly help in knwin tat;;;
i wanna a classification as which items comes under 50%,5%,20%' and exemptions;;;; and d reasons tooo
kindly help me
Priya . (CA -PCC) (131 Points)
06 September 2008hi hi friends
i m an article student;;;; i dont hve basic knwoledge in FBT, kindly help in knwin tat;;;
i wanna a classification as which items comes under 50%,5%,20%' and exemptions;;;; and d reasons tooo
kindly help me
CA Annie
(Chartered Accountant )
(747 Points)
Replied 06 September 2008
You can find the FBT calculator in the share files section:
saurabh
(CA)
(552 Points)
Replied 06 September 2008
50%FBT on vaue of FB provide >>> on gifts and scholarship, and festival celeb exp's
5% >>> on Tour & travel Exp
20%>> is a general rate of FBT having conveyance, business prom exp, conference, etc
For more details check out the share files section as our friend above has given link to that..