Surcharge on FBT

From AY 2010-11, FBT has been abolished. 

 In respect of fringe benefits chargeable to tax under section 115WA of the Income Tax Act, for assessment year 2009-10,

surcharge shall be levied as follows-

(a) in the case of every association of persons and body of individuals, at the rate of ten per cent. of the amount of tax,

where the total fringe benefits exceed ten lakh rupees.

(b) in the case of every firm, artificial juridical person and domestic company, at the rate of ten per cent. of the amount of tax, irrespective of the amount of fringe benefits.

(c) in the case of every company, other than a domestic company, at the rate of two and one-half per cent. of the amount of tax, irrespective of the amount of fringe benefits.

Yes . The surcharge is applicable at every time irrespective of total income.

Yes..... whenever there is a computation of FBT, surcharge applies @ 10%.

yes surcharge will be applicable

From 01.04.2009, FBT has been abolished.