Fringe Benefit tax
This query is : Resolved
khushboo nangalia
(Querist)
04 December 2008
Whether FBT is applicable to units located in SEZ area
CA Tilak Raj Sharma
(Expert)
04 December 2008
Yes, FBT is applicable.
Nilesh Shah
(Expert)
07 December 2008
Nilesh Shah Writes:
E mail: nilesh63@vsnl.com
FBT is applicable to a unit located in SEZ area. However in the computation of MAT u/s 115JB a deduction of FBT is permissible in accrodance with the question no 104 of the Circular of CBDT wherein 107 qaustions were answered by the CBDT.
Sincerely,
Nilesh Shah
E mail: nilesh63@vsnl.com
FBT is applicable to a unit located in SEZ area. However in the computation of MAT u/s 115JB a deduction of FBT is permissible in accrodance with the question no 104 of the Circular of CBDT wherein 107 qaustions were answered by the CBDT.
Sincerely,
Nilesh Shah
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