Rule 40F : Part VIIC Inapplicable
(Part VIIC - Fringe Benefit Tax FBT)
Nothing contained in this Part, shall apply, in respect of any assessment for the assessment year commencing on the 1st day of April, 2010 or any subsequent assessment year.
Extra Notes for Readers:
- Rule 40F was introduced by the Income Tax (13th Amendment) Rules, 2009, w.r.e.f. 1-4-2009
Reference/Source: Check at Income Tax site for latest version of the Rules - link
This page was last updated on 17th October 2016.