QUERY REGARDING FBT
This query is : Resolved
03 October 2008
CAN FBT PAYABLE AMOUNT ADJUSTED AGAINST THE INCOMETAX REFUND
03 October 2008
NO.
03 October 2008
FBT is totally a different tax. you cannot adjust it against income tax refund.
03 October 2008
You can't adjust both. Better is to take refund of FBT and deposit the income tax.
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