FBT Rate for AY 2008-09 and 2009-10

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Pankaj (Querist)
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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

DINESH KUMAR

DINESH KUMAR (Expert)
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23 June 2008 FBT rate is 33.99% (Surhcharge is applicable to all companies & firms irespective of Income.)

Pankaj

Pankaj (Querist)
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24 June 2008 Thanks

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