ON THE LETTER HEAD OF CLIENT
Management Representation Letter on Fringe Benefit Tax Audit
To Dt.
Name of the Tax Auditor
Address
Dear Sir,
Sub: FBT Audit of______________for the previous year ended_________ relevant to the assessment year
***
We confirm the following representations made by our firm to you in connection with the Fringe Benefit Tax Audit forming part of tax audit report under Section 44AB of the Income-tax Act, 1961 (‘the Act’) for the year ended _____________issued in Annexure – II to Form No. 3 CD:
We have identified and appropriately classified all such payments/expenditures, which are subject to fringe benefit tax in terms of sections 115WA and 115WB of the Income-tax Act, 1961.
There are no unrecorded payments/expenditure which would have otherwise qualified for being subjected to the fringe benefit tax.
We acknowledge that we are responsible for the compilation of information in Annexure-II to Form No.3CD. We shall not hold you liable, in case if we incur any tax liability on account of any errors/omissions/mistakes taken in the Annexure-II to Form No.3CD.
Thanking you,
Name & Signature of the Client
End
