FBT of FY09-10 paid for 1st qtr

Dilip (Working) (408 Points)

09 October 2009

any news on FBT paid for 1st qtr of FY09-10........

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Jyoti Malik (ACCOUNTANT) (2644 Points)
Replied 09 October 2009

FBT IS ABOLISH FROM F Y 2009-10.

Ratan Deep Saxena (Asstt Manager (Accounts & Finance)) (2998 Points)
Replied 09 October 2009

FBT is abolished from the financial year 2009-10.

regards,

ratan

som kansal (chartered accountant) (307 Points)
Replied 09 October 2009

Originally posted by :Dilip
"	any news on FBT paid for 1st qtr of FY09-10........	"

THE AMOUNT PAID ON ACCOUNT OF FBT FOR THE FY 2009-10, WILL GET CREDITED ON ACCOUNT OF INCOME TAX PAYABLE.

THAT MEANS THE PAYMENT OF FBT SHALL BE REGARDED AS PAYMENT OF ADVANCE TAX AND ACCOUNTED FOR

CA LOVELY ARORA (C.A. B.Com (H) Graduate) (2151 Points)
Replied 09 October 2009

yes, all of above are correct, you may get refund on account of FBT paid by you in 1st Qtr.

Dilip (Working) (408 Points)
Replied 09 October 2009

is there any circular or notification about refund of FBT for FY2009-10

CA. Megha Topiwala (Job) (1534 Points)
Replied 09 October 2009

hey... any fbt paid 4 1st quarter will b treated as advance tax....

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