https://www.taxtmi.com/caselaws?id=180831 The Tribunal allowed the assessee's appeal, determining that expenses on advertisement, including those related to an ad-film featuring a celebrity, were not subject to Fringe Benefit Tax (FBT) as they fell within the exclusions outlined in sec. 115WB(2)(D). Consequently, the Tribunal overturned the AO's addition, leading to a reduction in the assessed value of fringe benefits. The decision was rendered in Open Court on 25th November 2011. en-us Fri, 25 Nov 2011 00:00:00 +0530 Sat, 02 Apr 2016 12:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180831 The Tribunal allowed the assessee's appeal, determining that expenses on advertisement, including those related to an ad-film featuring a celebrity, were not subject to Fringe Benefit Tax (FBT) as they fell within the exclusions outlined in sec. 115WB(2)(D). Consequently, the Tribunal overturned the AO's addition, leading to a reduction in the assessed value of fringe benefits. The decision was rendered in Open Court on 25th November 2011. Case-Laws Income Tax Fri, 25 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180831