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
if yes then under what section
please replay urgent
05 July 2008
for FBT also you need to pay advance tax under section 115WJ, which can be adjusted for liability under FBT.
Late CA Sampat Jain
(Expert)
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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