Since FBT is ablioshed now. Is the FBT chapter applicable for CA Final Nov'2009 exams.
LAKSHMI NARAYAN (CA Final Student) (904 Points)
30 September 2009Since FBT is ablioshed now. Is the FBT chapter applicable for CA Final Nov'2009 exams.
CA Manish K Dhoot
(CA, B. Com, NCFM, CPCM)
(5015 Points)
Replied 30 September 2009
Yes it is abolished form 1-4-2009.
nd institute declared that FBT will not b asked in exams.
Since the fringe benefit tax has been abolished no question would be asked on tax audit relating to FBT.
Kindly refer the link. Note given in point no. 1 under heading Paper 2 – Auditing and Assurance
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