https://www.taxtmi.com/caselaws?id=242218 The Tribunal dismissed the revenue's appeal, affirming that Visa charges and related expenses are not subject to fringe benefit tax as they are legitimate business expenditures and not payments made to employees or for their benefit. The expenses do not provide direct benefits to employees and are excluded from fringe benefit tax, aligning with the legislative intent to tax collective employee benefits while excluding legitimate business expenditures that do not result in individual employee benefits. en-us Fri, 19 Apr 2013 00:00:00 +0530 Fri, 10 Jan 2014 10:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242218 The Tribunal dismissed the revenue's appeal, affirming that Visa charges and related expenses are not subject to fringe benefit tax as they are legitimate business expenditures and not payments made to employees or for their benefit. The expenses do not provide direct benefits to employees and are excluded from fringe benefit tax, aligning with the legislative intent to tax collective employee benefits while excluding legitimate business expenditures that do not result in individual employee benefits. Case-Laws Income Tax Fri, 19 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242218