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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Levy of Fringe Benefit Tax (FBT) - The assessee being a company, ...


Company's Club Expenses for Employees Subject to Fringe Benefit Tax u/s 115WB(2)(N) of Income Tax Act.

August 3, 2013

Case Laws     Income Tax     AT

Levy of Fringe Benefit Tax (FBT) - The assessee being a company, the club expenses incurred would be so only for its employees and, therefore, in clear view fall to be covered u/s. 115WB(2)(N). - AT

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