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FBT AND TDS

BIJAYKUMAR DORA
One Particular expenditure attaract FBT. For same expenditure we have to deduct tds. Please clarifty the same.
Fringe Benefit Tax (FBT) abolished since 2009-10; no link between FBT and Tax Deducted at Source (TDS). An individual inquired about whether a particular expenditure that attracts Fringe Benefit Tax (FBT) also requires Tax Deducted at Source (TDS) deduction. In response, one participant clarified that FBT was abolished starting from the fiscal year 2009-10. Another participant noted that FBT does not have a correlation with TDS. (AI Summary)
Income Tax
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