Due date of advance FBT extended

Last updated: 15 September 2007

By virtue of the provision of clause (d) of sub-section (1)section 115 WB, introduced by Finance Act, 2007, an employer isliable to pay Fringe Benefit Tax on any consideration for employmentprovided by way of any specified security or sweat equity sharesallotted or transferred, directly or indirectl

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