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FBT - Capital Expenditure

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(Querist)
14 August 2008 Do we need to pay FBT on Expenses which would be capitalized ?
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Jitender

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Jitender (Expert)
14 August 2008 yes ,& on the whole amount capitalized.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
14 August 2008 Yes if FBT is applicable to those expenditure under the provisions of IT Act.
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