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Question ID : 2608

Deduction of FBT

i want to know that we have fbt exp. as under
fbt exp paid Rs.00
fbt exp which is under litigaion deposited under
separate current a,c-4
provision for fbt-3

total fbt book rs 58000

if we are liable under MAT,whether fbt is deductable from book profit if yes what is the amount

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Posted by SURENDRA on May 03, 2006
Filed Under DIRECT TAXES

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