ON THE LETTER HEAD OF CLIENT
Management Representation Letter on Fringe Benefit Tax Audit
Name of the Tax Auditor
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.
Name & Signature of the Client