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Fringe Benefit Tax

This query is : Resolved 
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(Querist)
27 July 2009 since fbt has been abolished in the recent budget so whether refund of FBT deposited will be made by department to the concerns who have paid for first quarter.
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
28 July 2009 The sapecific provisions are yet to come so we can not say they will refund instead they can set it off against our future l;iability :)

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