The inclusive semileptonic decays of the B meson are  examined in the context of a CP softly broken two  Higgs doublet model. The differential branching  ratio, forward-backward asymmetry, CP-violating  asymmetry, CP-violating asymmetry in the forward- backward asymmetry and polarization asymmetries of  the final lepton in this decay are examined. The  dependencies of these physical parameters on the model parameters are analyzed by paying a  special attention to the effects of neutral Higgs  boson (NHB) exchanges and possible CP violating  effects. It has found that NHB effects are quite  signifcant for the tau mode and the above- mentioned observables seems to be promising as a  testing ground for new physics beyond the SM,  especially for the existence of the CP-violating  phase in the theory.