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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Fringe benefit tax on expenditure - FBT - Expenditure has been ...

Case Laws     Income Tax

October 3, 2020

Fringe benefit tax on expenditure - FBT - Expenditure has been incurred for business necessity and not for providing any domestic benefit or amenity to the employee. The payment for visa and other charges are statutory obligations and fringe benefit tax cannot be levied - HC

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