Miss Komal Mantri (Chartered Accountant ) (1974 Points)

01 September 2007  

Dear Members

What will be the rate of FBT in case of firm & companies having taxable income of Rs. 1 Crore or less for the A.Y. 2008-09??

Will it be 30.99% i.e. 30% + (2%EC+1% SHEC) or 33.99% i.e.30%+10%+(2%EC+1% SHEC).


Komal Mantri