FBT

yes,Dear make fast 15th is touching

Same due dates are in effect.

Yes its still valid...the changes made by this Budget is applicable from 1 April 2008 unless mention otherwise.

Deposit of FBT rules have undergone change. It is now payable like Adv: Tax i.e

on estimated basis on 15th June, 15th Sept, 15th Dec & 15th March respectively. My another query is, whether advance FBT paid in FY 07-08

can be adjusted against FBT liability of JUNE 08-09. Pl. refer notification

or circular.

spm.

same

dear sir;

we make tax payments online. due to over sight  instead

instead of making advance tax payment  we have paid

the tax as F.B.T. .

IT WOULD BE KIND OF YOU IF YOU LET US KNOW HOW

TO CONVERT THIS F.B.T. PAYMENT AS ADVANCE TAX.

YOUR EARLY REPY WILL BE APPRECIATED

THANKING YOU.

Hi all

I have not paid FBT for this year till now, what is the process . I need to pay it now

Thanks

Vanitha

FBT is payable on expenses incurred by the Company which are considered of deemed fringe benefit. Such Tax is payable qtrly basis on 15th june , 15th sept , 15th dec & 15th march in the form of advance tax basis. Since, you have missed out on payment, such ought to be paid on arrear basis.