Please elaborate the question more.
| Originally posted by :srikanth | ||
| " | Problem no.2, 20 marker in that they have given fbt(debited to p&l) which everyone will disalloww.. right.. but the problem is fbt is not appalicable to individuals so wen we calculate tax liabilty flat rate @ 30%(if we assume co or firm).. or slab rate applicable |
" |
be clear in asking question. don't confuse others.
Ahh.. the test is only if you know whether FBT is disallowed U/s 40(a)(ic)... FBT is not covered at PCC level...
But tumne to examiner ka waat laga diya! Good observation!
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