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)
Application of general Income Tax provisions to fringe benefits ensures existing tax procedures govern their assessment and payment. Fringe benefits are governed by the general machinery of the Income-tax Act unless the Chapter provides otherwise; accordingly, procedural, assessment and payment norms under the Act apply to fringe benefits, subject only to explicit deviations contained within the Chapter.
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.
Application of general Income Tax provisions to fringe benefits ensures existing tax procedures govern their assessment and payment.
Fringe benefits are governed by the general machinery of the Income-tax Act unless the Chapter provides otherwise; accordingly, procedural, assessment and payment norms under the Act apply to fringe benefits, subject only to explicit deviations contained within the Chapter.
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