https://www.taxtmi.com/caselaws?id=215966 Fringe benefit tax under Chapter XII-H applies only where the expenditure has a nexus with employment, because the deeming list in section 115WB(2) cannot be read beyond the statutory charging framework. On that basis, listed expenditure was taxable only to the extent incurred in consideration for employment. Group accident policy premium was not shown to fall within the employees' welfare exception, so the levy was sustained. Medical reimbursement up to the exempt employee limit was held outside the FBT base and deleted. The issue of disallowable expenses was remanded for fresh computation in line with the existing disallowance and CBDT clarification. en-us Wed, 20 Jun 2012 00:00:00 +0530 Fri, 24 Aug 2012 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215966 Fringe benefit tax under Chapter XII-H applies only where the expenditure has a nexus with employment, because the deeming list in section 115WB(2) cannot be read beyond the statutory charging framework. On that basis, listed expenditure was taxable only to the extent incurred in consideration for employment. Group accident policy premium was not shown to fall within the employees' welfare exception, so the levy was sustained. Medical reimbursement up to the exempt employee limit was held outside the FBT base and deleted. The issue of disallowable expenses was remanded for fresh computation in line with the existing disallowance and CBDT clarification. Case-Laws Income Tax Wed, 20 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215966