Fringe benefit tax: employers must have PAN linkage for returns, and existing PANs remain valid for FBT compliance. The amendment brings employers required to furnish fringe benefit returns within the categories under section 139A(1), and an Explanation provides that ... Summary
Fringe benefit tax: employers must have PAN linkage for returns, and existing PANs remain valid for FBT compliance.
The amendment brings employers required to furnish fringe benefit returns within the categories under section 139A(1), and an Explanation provides that any person already allotted a Permanent Account Number need not obtain another PAN for fringe benefit tax; the existing PAN will be deemed to serve in relation to fringe benefit tax.
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