How to calculate Fringe Benefit Tax as per Income Tax Act of India?


hi dude...............the rate of tax same ...............(as per income tax slab) amount on fbt should deducted differs .............its percentage ( 5% or 10% or 50 %) of the total expenses incurred in fy .................better fbt book detailed expense head cums under fbt bracket .........in short .......the expense heads never attracted other taxes .....has been included in fbt ..........its been netted mr.chidambaram ...that ........that end paying more amount of taxes sure ...

fringe benefit tax calculation


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