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Difference Between FBT and TDS?

Answer Posted / umendar

Fringe Benefit tax is a tax payable by the Company, in
addition to Income Tax, to the Government, on those
benefits availed by the Company such as
Travelling expenses, conveyance etc.,
Whereas,
TDS is Tax Deducted at source on salaries, rent, AMC
payments etc., and TDS returns should be submitted to IT
department on monthly basis before prescribed dates

Is This Answer Correct ?    3 Yes 0 No



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