FBT

This query is : Resolved 

12 September 2009 is surcharge levied always on FBT or it is levied when total income is more than 1 crore in case of Firm / Companies?

12 September 2009 Surcharge on FBT levied irrespective of the income.

FBT abolished w. e. f. 01.04.2009.
So dont pay advance FBT also.

13 September 2009 Agree with Expert


14 September 2009 Yes , surcharge always on FBT . From 1/4/09 FBT is abolished.



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