Regarding FBTreturns
This query is : Resolved
16 August 2007
As per section 115 WJ(5) you have to pay interest to be paid @ 1% p.m on unpaid amount , in your case out of total FBT (say100) on 15 july 15% 15th oct 45% 15 jan 75% & March 31 100% to be paid accodingly interest to be paid for next 3 month for july ,Oct,Dec. & 1 month for March.
16 August 2007
Can u please explai detail with calulation the total amount for 2006-07 FBT is Rs.1,62,174/-, if i pay in aug for is the interest charges and any charges for delay payment of advance tax
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- RATE AND HSN CODE
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Portuguese Civil Code IT Return
- LIC maturity claim whether taxable
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- TDS AND ITR ISSUE
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
