FBT Rate for AY 2008-09 and 2009-10
This query is : Resolved
23 June 2008
Please confirm whether following FBT rates are correct.
Assessee : Domestic Company
FBT is less than / equal to 10 lakh : 30.9%
FBT is more than 10 lakh : 33.99%
If not, what are the rates?
Regards,
Pankaj
Assessee : Domestic Company
FBT is less than / equal to 10 lakh : 30.9%
FBT is more than 10 lakh : 33.99%
If not, what are the rates?
Regards,
Pankaj
DINESH KUMAR
(Expert)
23 June 2008
FBT rate is 33.99% (Surhcharge is applicable to all companies & firms irespective of Income.)
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