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Ho to calculate FBT ? Which Exepense heads are comes under
the category of FBT ? What is th e slab or rate ?

Answer Posted / abhishek

FBT MEANS FRINGE BENEFIT TAX.

THE EXPENSES COMES UNDER F.B.T.THEY ARE:

1.TELEPHONE

2.CONVEYANCE

3.BUSINESS PROMOTION

4.STAFF WELFARE

5.VEHICLE MAINTANCE (ONLY FOR 4 WHELLER)IT MEANS CARS

6.TOURS AND TARVELS

Is This Answer Correct ?    69 Yes 11 No



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