Visvim Fbt 10 Popular Q&A

Q: Whether FBT is leviable on a company (registered under section 25...
A: FBT is not payable by a trust, fund or institution if its income is exempt under section 10(23C) or it is registered under section 12AA of the Income-tax Act. T... Read More »

Q: Does anyone know of any websites selling visvim FBT's?
A: Eventhough they are fake, they still look pretty good. I am also desperately looking for VisVims... Read More »

Q: Does scrapping of FBT as per budget 2009-10 mean that employees c...
A: Definitely not like that , my dear friend, as till yesterday the company was paying for your petrol bill/ news paper / food coupon etc and now all these payment... Read More »

Q: Part A Point 10 - Section under which FBT return is filed is to b...
A: This field is optional. Therefore the assessee can skip the field and leave it blank in case this is not applicable. [ Source : http://incometaxindiaefiling.gov... Read More »

Q: Whether expenditure on incentives given to distributors for meeti...
A: Incentives given to distributors for meeting sales targets (including free goods given as incentive to distributors for achieving certain sales and cash incenti... Read More »

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