fringe benefit tax

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 hii. i wanted to know if FBT  is still an important chapter for nov 09 exam, as the chapter  has been deleted in this finance act. and no such tax wll be leviable from A.Y.10-11.

Replies (1)

the fringe benefit tax has been abolished w.e.f. April 1, 2010 no question would be asked on tax audit relating to FBT.

 

please refer the follwoing link:-

 

https://www.icai.org/post.html?post_id=5035&c_id=121

 

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