Please tell me the minimum exemption limit to applicable Fringe Benefit Tax.

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Please tell me the minimum exemption limit to applicable
Fringe Benefit Tax.

Question Posted / motilal

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Please tell me the minimum exemption limit to applicable Fringe Benefit Tax...

Answer / venkat

no limit of exemption in respect of fringe benefit tax.

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21 Yes

1 No

Please tell me the minimum exemption limit to applicable Fringe Benefit Tax...

Answer / apar jain

In Fringe Benefit Tax there is no exemption limit.

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9 Yes

0 No

Please tell me the minimum exemption limit to applicable Fringe Benefit Tax...

Answer / monika

NO EXEMPTION LIMIT

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11 Yes

4 No

Please tell me the minimum exemption limit to applicable Fringe Benefit Tax...

Answer / nishat ali khan

As FBT is a tax which is imposed on the extra facility
given by employer to his employees. So there is no
exemption is been given to employer by income tax. FBT
should be paid by paid employer whether the company runs in
profit or not. But income tax has given a facility in case
of deemed FBT u/s 115WB(2) that 20% of the total expense
will be considerd in calculation of FBT but its apply to
u/s115WB(2)(A)to u/sWB(2)(K) where as from u/s115WB(2)(L)
to115WB(2)(P) is 50%. But in case of 115WB(2)(Q)its 5%

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7 Yes

1 No

Please tell me the minimum exemption limit to applicable Fringe Benefit Tax...

Answer / megha arora

There is no exemption limit for FBT.Whether there is profit
or loss FBT is mandatory.

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4 Yes

0 No

Please tell me the minimum exemption limit to applicable Fringe Benefit Tax...

Answer / pramod shukla

No exemption limit to fring benifit Tax and fringe benifit
tax no mandatroy financial year 2011-12

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0 No

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