FBT
This query is : Resolved
18 October 2009
IS The FBT Payable for 2nd Qtr F.Y 2009-10 ?
What about the FBT paid for the first Qtr F.Y 2009-10. Wthr it wil be adjsted wd subsequent Income Tax Payable or Refunded ?
What about the FBT paid for the first Qtr F.Y 2009-10. Wthr it wil be adjsted wd subsequent Income Tax Payable or Refunded ?
RAVI K CHANGIA
(Expert)
18 October 2009
FBT is not payable for the 2nd quater.
For advance FBT paid in 1st quater no clerafication has been issued by the department.
For advance FBT paid in 1st quater no clerafication has been issued by the department.
CA SANJAY MUKHERJEE
(Expert)
19 October 2009
Agree with expert Ravi. We have to wait for clarification to know if we can get refund before filing I.T. return or can adjust with advance tax payable.
CA Sanjeev Kr Jain
(Expert)
19 October 2009
advance fbt will be treated as advance income tax, clarified by deptt. soon after budget
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Intimation under section 245
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Gift to nri relatives residing in usa
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
