Assessee Challenges Disallowance of Traveling Expenses After Paying 20% Fringe Benefit Tax; Cites Established Law.

Disallowance of traveling expenses - as per assessee it has paid fringe benefit tax at the rate of 20% - Now it is a settled position of law that no disallowance can be made once expenses are exigible to FBT. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X