Insertion of new section 115 WKB.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he following section shall be inserted, namely:— Deemed payment of tax by employee. "115WKB. (1) Where an employer has paid any fringe benefit tax with respect to allotment or transfer of specified .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... provided to such employee, as determined under clause (ba) of sub-section (1) of section 115WC. (2) Notwithstanding anything contained in any other provisions of this Act, where the fringe benefit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X