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Question ID : 2670

FBT on special circumstances

As per provision g to FBT, a entity did not required to pay FBT unless and untill commencement of busess is started my quion is that if busess of the entity had been closed down or sell off but entity though exist the eye of w for sometime and curred some nomal expenses like depreciation on car etc. then whether the entity has to pay FBT on this nomal expenses. Please exp ? '

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Posted by Akhil Kejriwal on May 09, 2006
Filed Under FBT

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