FBT deposited in proprietorship fiem
This query is : Resolved
05 August 2008
Dear sir /madam
I am working with proprietorship firm, by mistake I have deposited FBT on conveyance . My question is that can I claim or adjust this amount or how to show in income tax returen.
Regard
Pankaj
I am working with proprietorship firm, by mistake I have deposited FBT on conveyance . My question is that can I claim or adjust this amount or how to show in income tax returen.
Regard
Pankaj
mohinder kansal
(Expert)
05 August 2008
There is no provision under which the same can be claimed or adjusted. In my opinion the same should also not be allowed as deduction.
05 August 2008
No provision of adjustment or refund.
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