If we are late sitting in the office after office Time then
any expenses like Fooding charges is made during this hours
is taxable under FBT??? If there are Two conditions 1.
Staff take reimbursement of such expenses. 2- company
directly pay expenses
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FBT is no more applicable hence it is not Taxable. It has
been removed in Finance Budget of 08-09.
Further You are not liable to pay any FBT. firm is liable to
pay FBT so you need not to be worried.
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