F.B.T. Rate for Tour & Travel for F.Y. 2007-2008

This query is : Resolved 

03 September 2008 What will be rate for Tour & Travel for F.Y. 2007-2008 for Companies (other than Tour & Travel Agencies or Companies.)

03 September 2008 FBT Rate in the referred case is 30.90% if the taxable income is < Rs.1 crore otherwise 33.99%. Assumed that the company is a domestic company.

03 September 2008 valuationn rate is 5 %.
& rate of fbt is 33.99% irrespective of its income.

13 September 2008 THANKS TO Mr.JITENDER FOR CORRECTING MY MISTAKE.


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