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FBT payable on Expenses in FY 2008-09

This query is : Resolved 
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(Querist)
06 October 2009 Dear Experts,

ABC Pvt. Ltd. company has incurred some expenses in FY 2008-09 on which FBT was payable. But co. did not pay any FBT or paid lower rate of FBT (5% instead of 20%) on such expenses. My Question is whether Assessing officer can disallow that expenses on which FBT is not paid or paid with lower rate of tax (5% instead of 20%)

Thanks in advance.
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CA SANJAY MUKHERJEE

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CA SANJAY MUKHERJEE (Expert)
06 October 2009 No,such expenses will not be disallowed.
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