Form No. ITR-8 - FBT - This Form is applicable in case of a person who is not required to furnish the return of income but is required to furnish the return of fringe benefits (Omitted)
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Fringe benefit tax reporting: specified employers must compute and remit tax on fringe benefits using the prescribed ITR 8 return. Specified employers not otherwise filing income tax returns must use Form ITR 8 to compute and disclose the value of fringe benefits (via Schedule FB and Schedule FBI), calculate fringe benefit tax with surcharge and education cess, account for interest on defaults, report advance and self assessment payments in Schedule FBT, and file the annexure less return by prescribed methods with a signed statutory verification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Fringe benefit tax reporting: specified employers must compute and remit tax on fringe benefits using the prescribed ITR 8 return.
Specified employers not otherwise filing income tax returns must use Form ITR 8 to compute and disclose the value of fringe benefits (via Schedule FB and Schedule FBI), calculate fringe benefit tax with surcharge and education cess, account for interest on defaults, report advance and self assessment payments in Schedule FBT, and file the annexure less return by prescribed methods with a signed statutory verification.
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