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Surcharge on FBT

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(Querist)
01 August 2008 Please tell me if Surcharge on FBT is appliacble in case Partnership Firm's total income does not exceed 1 Crore.
(Whether surcharge applicable when the total income exceeds 1 crore but Value of fringe benefit does not exceed 1 Crores)
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Jitender

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Jitender (Expert)
01 August 2008 surcharge is applicable on fbt irrespective of income.
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CA Anil Jain

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CA Anil Jain (Expert)
02 August 2008 Any assesee on which FBT is appliacble surcharge will be applicable on FBT irrespective of income.
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