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QUERY REGARDING FBT

This query is : Resolved 
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(Querist)
03 October 2008 CAN FBT PAYABLE AMOUNT ADJUSTED AGAINST THE INCOMETAX REFUND
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
03 October 2008 NO.
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Venkat Rao Marella

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Venkat Rao Marella (Expert)
03 October 2008 FBT is totally a different tax. you cannot adjust it against income tax refund.
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CA.Tarun Maheshwari

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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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