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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Payment on account of ‘Visa charges and others’ are legitimate ...


Visa Charges Recognized as Business Expenses, Not Subject to Fringe Benefit Tax. No Direct Employee Benefit Involved.

January 10, 2014

Case Laws     Income Tax     AT

Payment on account of ‘Visa charges and others’ are legitimate business expenses and cannot be considered as paid to the employees or incurred for the benefit of employees - No FBT - AT

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