TMI BlogLiability of FBTX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether Sponsorship Fee paid liable to FBT? and also please send me the latest expenses list which are liable to FBT ? - Reply By Surender Gupta - The Reply = Please refer to section 115WB of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax Act, 1961 which prescribed the expenses to be included or excluded from the FBT. Sponsorship of sports event or any other event organised by any Government agency or trade association or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... body is excluded from the scope of FBT. - Reply By Rama Krishana - The Reply = Yes, if not excluded u/s 115WB, the same is taxable. - Liability of FBT - Query Started By: - Adoni Raghavendra Da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted:- 4-3-2009 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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