18 September 2008
If Advance FBt is not paid throughout the period for 2007-08. And the fbt liability is Rs 1,00,000 for the Financial year 2007-08. Then how the intt. would be calculated under Sec 115WJ(3). Note that I am suppose to pay FBT plus all Innt. in this September 2008? Kindly give the FBT liability along with Interest?Please give the detailed workings?