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FBT
by Ravichandran on Dec 19, 2006 04:07 PM

Sir,

I am an Engineer working at Autonomous body under Ministry of Shipping, I have taken loan to buy a computer (Rs. 30,000), and leave encashment of another Rs. 5000, the office Head finance says I have to pay FBT. Is it correct. If so, what will be the amount I need to pay.

Regards,
Ravichandran

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The above message is part of the Discussion Board:
What is fringe benefit tax?