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Whether FBT is payable by sec 25 companies

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(Querist)
13 August 2008 Whether FBT is payable by the Companies registered u/s 25 of the Companies Act,1956?
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Jitender

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Jitender (Expert)
14 August 2008 not payable.
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Rahul Jaiswal

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Rahul Jaiswal (Expert)
14 August 2008 No Companies U/s 25 is not liable for FBT
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