Fringe Benifit Tax

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Sagar Dinde (Querist)
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21 July 2009 I paid Advance FBT on 15th June,2009. then what is the treatment for this F.Y. and who will pay the FBT from 1st April,2009

CA.Tarun Maheshwari (Expert)
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21 July 2009 Advance FBT paid shall be treated as Advance Income Tax paid. FBT has been completely abolished now and nobody is liable to pat the FBT.

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