Since FBT is ablioshed now. Is the FBT chapter applicable for CA Final Nov'2009 exams.
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FBT ABOLISHED
Replies (4)
No
are u sure???
Yes it is abolished form 1-4-2009.
nd institute declared that FBT will not b asked in exams.
Since the fringe benefit tax has been abolished no question would be asked on tax audit relating to FBT.
Kindly refer the link. Note given in point no. 1 under heading Paper 2 – Auditing and Assurance
https://www.icai.org/post.html?post_id=5035&c_id=121
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