CBDT extends FBT payment to 15 Sept

CBDT extends FBT payment to 15 Sept
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First Published: Fri, Jun 15 2007. 02 26 AM IST
Updated: Fri, Jun 15 2007. 02 26 AM IST
New Delhi: The Central Board of Direct Taxes (CBDT) has postponed the payment of the first instalment of fringe-benefit tax due from companies on 15 June to 15 September as the government has not yet issued the notification on the valuation parameters. The government is in the process of notifying the new parameters which were introduced in the Finance Bill for 2007-08, said a finance ministry statement on Thursday. STAFF WRITER
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First Published: Fri, Jun 15 2007. 02 26 AM IST