21 February 2008
whether fringe benefit tax is applicable on the units established under SEZ or STP? Is FBT also exempted? As Income tax is exempted u/s 10 of income tax act for the uinits established under SEZ or STP.
21 February 2008
FBT IS NOT EXEMPT EVEN IF INCOME IS EXEMPT U/S 10 .FBT SHALL BE APPLICABLE TO ALL ORGANISATION EXCEPT CO'S REGD U/S 25 OF CO'S ACT,TRUST