Excess advance FBT paid on actual liability

This query is : Resolved 

18 September 2008 If advance tax has been paid excess of our final FBT liability.

Is it recoverable? if reocverable what is the procedure?

18 September 2008 Yes.Provisions of IT Act shall apply for refund by virtue of section 115 WL.

20 September 2008 Yes,it is recoverable.




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