FBT Liability

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....BT Liability<br> Query (Issue) Started By: - Sanjeev Sharma Dated:- 25-2-2008 Last Reply Date:- 6-3-2008 Income Tax<br>Got 1 Reply<br>Income Tax<br>A CA firm paid to NIRC Fees for the year for partic....

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....ipating in all study group meetings & Seminars under CPE scheme by its working partners. As the partners are not employees, s the participating fees be liable for FBT ?? Reply By Surender Gupta: The ....

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....Reply: From the meaning of Fringe Benefits u/s 115WB, apparently it appears that the amount paid to NIRC for participating in all study group meetings and seminars should not be treated liable to FBT.....

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