| Dear Members, |
| We are happy to inform you that the" Guidance Note on Audit of Fringe Benefits under the Income-tax Act, 1961 (With Supplementary Guidance Note on Tax Audit under section 44AB of the Income-tax Act,1961)" was dedicated to the nation by Mr. K.M.Chandrasekhar, Revenue Secretary, Ministry of Finance, Government of India on 3rd October 2006. |
| This Guidance Note is a must for every chartered accountant. It contains considered guidance in respect of the complex provisions of the FBT legislation and also on the significant amendments made in Form No.3CD by Notification No. 208/2006. |
| Wish you good luck |
| |
R.Devarajan
Secretary
Fiscal Laws Committee | |
