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FBT in case of 44AF

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(Querist)
27 August 2009 Is it necessary to pay FBT when we have filed a ROI as per Sec.44AF, as in that case we have no books of accounts to ascertain expenditure pertains to items covered by FBT.
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
27 August 2009 Then you can not determine actual amount of exp liabble to FBT. So its not necesary

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