FBT of FY09-10 paid for 1st qtr

FBT IS ABOLISH FROM F Y 2009-10.

FBT is abolished from the financial year 2009-10.

regards,

ratan

THE AMOUNT PAID ON ACCOUNT OF FBT FOR THE FY 2009-10, WILL GET CREDITED ON ACCOUNT OF INCOME TAX PAYABLE.

THAT MEANS THE PAYMENT OF FBT SHALL BE REGARDED AS PAYMENT OF ADVANCE TAX AND ACCOUNTED FOR

yes, all of above are correct, you may get refund on account of FBT paid by you in 1st Qtr.

is there any circular or notification about refund of FBT for FY2009-10

hey... any fbt paid 4 1st quarter will b treated as advance tax....