Is FBT Payable On Sale of Car At Concessional Price By The Employer?

If employee purchases second hand car from his employer then it to be treat as perquisites and come under FBT and what rate tax...

Is A Contractor Filing Return Under 44AD Scheme Liable To FBT?

What is the liability of F.B.T in the case of contractor who is coming u/s 44AD.?Vishal Jaiswal , VaranasiFBT is a tax on...

Is Free Lunch Coupons of Sodexho Taxable ?

Can you please provide the details of exemption limits on meals provided by employer as well as meal coupons issued by Sodexho....

Rule For Valuation Of Specified Security For FBT Notified!

A News You Can UseCBDT has notified new rules for valuing the specified securities for the purpose of fringe benefit tax. The rule 40D...

Are 100 % Tax Exempt Companies Liable to Pay FBT?

We are having a Software Outsourcing IT enabled Company. This is approved by the Software Technical Park of India (STPI), Govt. of India...

Is FBT Applicable on Charitable Trusts?

Whether FBT is applicable to Charitable Trusts? Kishan Lal Agarwal Proviso to section 115W(a) of the I T Act inserted from Asst Yr 2006-07...

Is Provision of Car & Driver Taxable in Hand of Employee?

I want to know that the following are taxable perks in the hand of employee1. If car owned by the employee and driver salary...

Is FBT Payable For Medical Allowance Upto Rs 15,000?

Is FBT is applicable to employer on reimbursement of medical bills upto Rs.15000 to their employees?radhi68@.........comYes.FAQ no 69 of CBDT's Circular 8 of...

FBT Advance Payment on ESOP Extended to 15th September!

News You Can UsePress Information Bureau published following Press Release by Finance Ministry"The Central Board of Direct Taxes (CBDT) has decided that the first...

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