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 ... Summary
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.
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 1
Join Channel
TaxTMI 
