advance income tax

This query is : Resolved 

05 July 2008 can assessee can set off his advance tax or tds asset against fbt liability ?
if yes then under what section
please replay urgent

05 July 2008 advance income tax or tds can't be adjusted agianst fbt.

05 July 2008 for FBT also you need to pay advance tax under section 115WJ, which can be adjusted for liability under FBT.

05 July 2008 INCOME TAX RETURN AND FBT RETURN AND ASSESSEMNTS ARE INDEPENDENT..........SO PAYMENT OF INCOME TAX AS PER INCOME TAX RETURN CAN NOT BE SET OFF IN FBT RETURN/ASSESSMENT


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