Scrutiny of FBT Returns – CBDT issues instructions
CBDT has directed that for all the Corporate cases selected for scrutiny as per the guidelines contained in the Action Plan document 2008-09 which have returned income to Rs.5 crore or more and where provisions of Fringe Benefit Tax ( FBT ) apply, assessment order shall also be passed u/s 115 WE of the Income-tax Act, 1961 after scrutiny of all such cases.
CBDT Instruction No. 11/2008, Dated: September 5, 2008