FRINGE BENEFIT TAX
This query is : Resolved
24 September 2008
1)WHEN FRINGE BENEFIT TAX IS TO BE PAID MEANS AFTER COMPLETION OF BALANCE SHEET?
2) WHAT IS THE INTEREST RATE IF IT IS PAID LATE FOR EG AFTER TWO MONTHS THAT IS AFTER APRIL & MAY?
2) WHAT IS THE INTEREST RATE IF IT IS PAID LATE FOR EG AFTER TWO MONTHS THAT IS AFTER APRIL & MAY?
24 September 2008
1. FBT should be paid before filling of return of FBT.
2. Interest rate penalty is same as sec 234 A,B & C.
2. Interest rate penalty is same as sec 234 A,B & C.
24 September 2008
Amount of Advance Tax and Interest on failure to pay advnace FBT - u/s 115WI.
24 September 2008
The advance tax paid by the assessee is less than 90% of the tax assessed u/s 115WE/WF/WG.
Amount of assessed tax * No. of months or part of a month from 1st apr of AY to the Date of assessement tax * 1%pm
Amount of assessed tax * No. of months or part of a month from 1st apr of AY to the Date of assessement tax * 1%pm
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
