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Fringe Benefit Tax - very urgent

This query is : Resolved 
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(Querist)
13 July 2009 Dear All,

Can anyone pls help in knowing the date from which the fringe benefit tax is abolished as per the union budget 2009.
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Ratan Sharma

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Ratan Sharma (Expert)
13 July 2009 w.e.f. 1/4/2009 FBT is abolished.
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jacob

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jacob (Querist)
13 July 2009 Dear Ratan,

Thank u very much, need to know hw will be the treatment will be made for the fbt paid on 15th june09. will it be refunded or to be adjusted.
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Nazir

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Nazir (Expert)
13 July 2009 it will be treated as advance income tax for AY 2010-2011.

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