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fbt on lic of employee

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(Querist)
06 March 2009 Hi,
the employer is giving his employee the LIC
the is paying the amt of lic premium .
whether it is applicable to FBT or not?
Any one can suggest me?
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
06 March 2009 Already answered.

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