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of <h1>ITR-5 Returns with FBT to be Processed Manually for 2007-08 Due to Technical Issues in Some Cities.</h1> In cities where the refund banker scheme is operational, assessing officers are encountering difficulties in processing ITR-5 returns, which include a Fringe Benefit Tax (FBT) component, due to technical issues. The Board has noted that the number of such cases is limited, and for the assessment year 2007-08, it has been decided that these cases should be processed manually. This instruction aims to address the challenges faced by officers and ensure timely processing of returns involving firms, associations of persons, or bodies of individuals.
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