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Tax implication of FBT

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(Querist)
31 August 2009 Hi

What is the tax implication after removing of FBT in current Budget 2010-2011 Assessement year

Thanx & Regards
Anirudha Biswal
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
31 August 2009 In simple words old provisions like car exp will now be tax in the employees hands. So ultimate burden is now on employees.

company is relieve of these

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