FY 2008-09 our company alloted 1000 shares to our Marketing Manager through private placement , is it come under gifts ?Attract FBT ?
Menu
Shares private placement
Replies (1)
yes, the company is liable for fbt, however the same can be recovered from employees
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
