FBT applicability of Trusts

Ravikumar.G , Last updated: 24 September 2007  
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Section 115W(a)(iii) of the I T Act specifically exempts funds ,trusts or institution eligible for exemption u/s 10(23C) or registered u/s 12AA of the I T Act . The Board vide circular no 8/ 2005 clarified under question number 4 as follows : Whether FBT is leviable on a company (registered under

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Ravikumar.G
(Consultant)
Category Income Tax   Report

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