How to Calculate FBT



How to Calculate FBT..

Answer / venkateh

sir,

you can calculate following

for example communication expenses
1st quarter 2dn qar 3rd qar 4th qar total

2000 8000 4000 16000 30000

so per annm.exp. Rs. 30000/- you can take inthat 20%
Rs.6000/- now you have to calculate fbt rs.6000/-*33.99% and
travelling and conveyance exp. per annm 36000/- take 5%
same aove then 33.99 fbt will come then you pay
erg.

Is This Answer Correct ?    12 Yes 4 No

Post New Answer

More Taxation Interview Questions

How to get the C form? If i am a registerd delear

1 Answers  


what is WCT rate in chhattisgarh

0 Answers   FD, MBD,


Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)

0 Answers  


Why Issue a C form to seller & what is form no.49

8 Answers   ABC, Apex,


what about present pf rate can anybody defined clearly

2 Answers  






what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this

0 Answers  


How much cst will be charged on a laptop which is to be delivered from Karnatka to Gujarat?

1 Answers  


IF WE BOOK PURCHASE AS EXPENDITUR.THE CAN BE ISSUE C-FORM AGAINST THAT PURCHASE

1 Answers  


What are the capital gains exempt from Tax?

2 Answers  


IN WHICH SEC OF INCOME TAX ACT 1961 DEPECIATION IS TAXABLE ?

2 Answers  


What is an entry for INCOME TAX REFUND ?

1 Answers  


in the credit note vat amount is in vat on sale but next step whitch vat class is applicable input vat or out put vat ?

1 Answers  


Categories