https://www.taxtmi.com/forum/issue?id=1520 Excess self-assessment income tax cannot be directly adjusted against FBT payable; however, the assessing officer may adjust an income-tax refund against an outstanding FBT demand under the claim-for-refund and set-off mechanism. Taxpayers should file a refund claim and request the assessing officer in writing to treat part of an excessive income-tax payment as payment towards FBT, bearing in mind that interest on the refund and on the FBT demand may be computed separately. en-us Fri, 25 Sep 2009 10:38:17 +0530 Thu, 23 Jan 2025 15:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1520 Excess self-assessment income tax cannot be directly adjusted against FBT payable; however, the assessing officer may adjust an income-tax refund against an outstanding FBT demand under the claim-for-refund and set-off mechanism. Taxpayers should file a refund claim and request the assessing officer in writing to treat part of an excessive income-tax payment as payment towards FBT, bearing in mind that interest on the refund and on the FBT demand may be computed separately. Discussion-Forum Income Tax Fri, 25 Sep 2009 10:38:17 +0530 https://www.taxtmi.com/forum/issue?id=1520