WHAT IS FBT & LIMIT OF FBT
Answers were Sorted based on User's Feedback
Answer / vishwajeet
FBT is the short form of FRINGE BENEFIT TAX newly introduced
in the budget 2005.
Tax on the expenses paid by the assessee during the
financial year. Expenses such as telephone expenses . food
and beverages, client entertainment expenses , etc. for
further details like limits, advance tax and date of payment
and assessment and appeals please refer section 115WA
onwards for the Income tax Act (Ammendment) Act 2005.
| Is This Answer Correct ? | 6 Yes | 2 No |
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
What do you mean by Capital Asset?
If Sales Made Against form c with Rate2%, after then we are unable to collect the form c from party, party is ready to pay debitnote to us, we also agree for this, what procedure to follow, how to pay to Vat Department and which form to be submitted.
How to do online submition of form 16 for the f.y-2007-08
What is the general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?
Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up
What is MAt
IS THERE LIABILITY OF SERVICE TAX IF WE PROCESS CATTLEFEED FOR OTHER PARTY ?
if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the company from employee account or not.
Dear Sir , Please DETAIL ME ,BRANCH CONVERVISON MATERIAL SEND TO FACTORY (OTHER SATE) , . wE ARE ELIGLIAL fORM 'F'
what is the difference between vat 100 and vat 120?
when charges PURCHASE @ 1 % TAX RATE ?