Advance FBT for 1st Qtr
This query is : Resolved
27 June 2009
As the budget for the financial yr 2009-10 has not been issued yet. How can a company calcualte and deposit advance fbt which was due to be deposited before 15th June? WIll non compliance of same attract provisions of Sec 234?
27 June 2009
Parliament has already passed an interim Budget in which no change of tax rates was given...hence advance tax was required to be calculated in the same rates as given in past.
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