  We study the CP violating asymmetry, the forward-backward asymmetry of the
lepton pair and the CP asymmetry in the forward backward asymmetry for the
exclusive decay $B --> K^* \tau^+ \tau^- in the general two Higgs doublet model
including the neutral Higgs boson effects. We analyse the dependencies of these
quantities on the model III parameters. We found that the physical parameters
studied above are at the order of the magnitude 1% and neutral Higgs boson
effects are detectable for large values of the coupling
\bar{\xi}_{N,\tau\tau}^D.
