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FBT on Diary Distribution

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Guest (Querist)
12 January 2009 Does distribution of Diary to clients attracts FBT?
Vishal
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
12 January 2009 No FBT. Pl refer page 62 of Taxmann's Taxation of Fringe Benefits 4th edition.
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