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