Adjustment of 'Advance Tax in respect of Fringe Benefits' for Assessment Year 2010-11 against 'Advance Tax' - matter regarding

Advance tax adjustment: payments for fringe benefits may be treated as advance tax and adjusted or refunded.

Any installment of 'advance tax in respect of fringe benefits' paid for the assessment year shall be treated as an advance tax payment for that assessment year and may be adjusted against the assessee's advance tax liability on other income for that year or, if there is no liability, claimed as a refund as advance tax paid for that assessment year.