FBT

This query is : Resolved 

24 November 2009 income tax officer can disallowed fbt expences paid by assessee, but the assessee already paid FBT on those expenses

24 November 2009 Yes,

FBT deduction is not allowed in income tax.

So fbt as exp will not allowed

24 November 2009 my ? is that tax is alrady paid and after in scrutiny officer disalloed exp.


24 November 2009 Yes expenses can be disallowed on which FBT is paid. If the same is disallowed then FBT not liable on the same



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