https://www.taxtmi.com/caselaws?id=349073 The Tribunal ruled in favor of the assessee in an appeal challenging the direction of the First Appellate Authority (FAA) to exclude Fringe Benefit (FB) declared in the original and revised return of Fringe Benefit Tax (FBT). The Tribunal held that the FAA had the power to consider claims not made in the return and directed the exclusion of various expenditures, including those incurred on non-employees, fringe benefits taxable in the hands of employees, salary of drivers/pilots, insurance premiums, pre-operative expenses, and maintenance of residential accommodation. The Tribunal dismissed the AO's appeal and decided all grounds in favor of the assessee. en-us Fri, 08 Sep 2017 00:00:00 +0530 Fri, 06 Oct 2017 06:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349073 The Tribunal ruled in favor of the assessee in an appeal challenging the direction of the First Appellate Authority (FAA) to exclude Fringe Benefit (FB) declared in the original and revised return of Fringe Benefit Tax (FBT). The Tribunal held that the FAA had the power to consider claims not made in the return and directed the exclusion of various expenditures, including those incurred on non-employees, fringe benefits taxable in the hands of employees, salary of drivers/pilots, insurance premiums, pre-operative expenses, and maintenance of residential accommodation. The Tribunal dismissed the AO's appeal and decided all grounds in favor of the assessee. Case-Laws Income Tax Fri, 08 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349073