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QUERY REGARDING FBT (Others)

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This query is : Resolved


( Author )
03 October 2008

 CAN FBT PAYABLE AMOUNT ADJUSTED AGAINST THE INCOMETAX REFUND


B.Chackrapani Warrier

( Expert )
03 October 2008

 NO.


Venkat Rao Marella

( Expert )
03 October 2008

 FBT is totally a different tax. you cannot adjust it against income tax refund.


CA.Tarun Maheshwari

( Expert )
03 October 2008

 You can't adjust both. Better is to take refund of FBT and deposit the income tax.



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