Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Fringe benefit tax on employers for employee benefits, payable irrespective of the employer's income-tax liability. A statutory charge imposes a fringe benefit tax on employers in respect of fringe benefits provided or deemed to have been provided to employees during the previous year, levied in addition to income-tax at a specified rate on the value of such fringe benefits; the tax is payable by the employer even if the employer has no income-tax liability on total income computed under the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Fringe benefit tax on employers for employee benefits, payable irrespective of the employer's income-tax liability.
A statutory charge imposes a fringe benefit tax on employers in respect of fringe benefits provided or deemed to have been provided to employees during the previous year, levied in addition to income-tax at a specified rate on the value of such fringe benefits; the tax is payable by the employer even if the employer has no income-tax liability on total income computed under the Act.
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