Tds Consultancy Services

We offers TDS Consultancy Services to our most reliable customers. The employer pays the FBT on the consideration of the employment benefits (provided/ deemed) that employees (past or present) receive. It is levied on every employer apart from individuals or Hindu undivided family and certain institutions enjoying certain exemptions.

The FBT is levied in respect of expenditure such as entertainment expenditure and conferences. It is applicable at the rate of 30 per cent plus surcharge of 2.5 per cent or 10 per cent and education cess of 2 per cent on the tax including surcharge.

In case of a company or a person whose accounts are required to be audited under the Act, the due dates for the payment of FBT is 31st October following the end of the financial year. The due date is 31st of July following the end of the financial year in any other case.

FBT can be paid in each quarter, on or before the 15th day of the month following such quarter, in case of the quarter ending on 31 March, the FBT will be payable on or before 15 March of the relevant financial year.