https://www.taxtmi.com/caselaws?id=179267 Fringe Benefit Tax under Chapter XII-H applies only to expenditure that constitutes consideration for employment, and the deeming fiction in section 115WB(2) cannot be expanded beyond that statutory limit by administrative circulars. On that construction, entertainment expenditure for guests and auditors' travelling expenses were outside the levy, driver salaries were also not chargeable as FBT, and sales promotion and gift expenditure required further verification to determine whether it related to employees or outsiders. The core interpretation of the FBT provisions was applied in favour of the assessee, with limited remand for factual examination of the remaining items. en-us Wed, 31 Oct 2012 00:00:00 +0530 Sat, 03 Jun 2017 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179267 Fringe Benefit Tax under Chapter XII-H applies only to expenditure that constitutes consideration for employment, and the deeming fiction in section 115WB(2) cannot be expanded beyond that statutory limit by administrative circulars. On that construction, entertainment expenditure for guests and auditors' travelling expenses were outside the levy, driver salaries were also not chargeable as FBT, and sales promotion and gift expenditure required further verification to determine whether it related to employees or outsiders. The core interpretation of the FBT provisions was applied in favour of the assessee, with limited remand for factual examination of the remaining items. Case-Laws Income Tax Wed, 31 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179267