https://www.taxtmi.com/caselaws?id=262061 The Tribunal dismissed both appeals filed by the assessee, affirming the orders of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) regarding the levy of Fringe Benefit Tax (FBT) under Section 115WE of the Income Tax Act, 1961, and the rejection of the application under Section 154. The Tribunal held that the assessee was not engaged in the business of carriage of passengers or goods by aircraft, making it ineligible for exemption under Section 115WC(2)(f). The orders were pronounced on 29th July 2015. en-us Wed, 29 Jul 2015 00:00:00 +0530 Fri, 31 Jul 2015 13:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262061 The Tribunal dismissed both appeals filed by the assessee, affirming the orders of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) regarding the levy of Fringe Benefit Tax (FBT) under Section 115WE of the Income Tax Act, 1961, and the rejection of the application under Section 154. The Tribunal held that the assessee was not engaged in the business of carriage of passengers or goods by aircraft, making it ineligible for exemption under Section 115WC(2)(f). The orders were pronounced on 29th July 2015. Case-Laws Income Tax Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262061