https://www.taxtmi.com/caselaws?id=359025 The Court dismissed all appeals challenging the Income Tax Appellate Tribunal's decision regarding Fringe Benefit Tax (FBT) on total expenses for Assessment Years 2006-07 to 2009-10. The Tribunal's deletion of the addition made by the Assessing Officer and confirmed by the CIT(A) was upheld. The Court held that expenses not related to employees but for business purposes should not be subject to FBT under Section 115WA, following precedents like TT Motors Ltd. v/s. Assistant Commissioner of Income Tax. The issue was resolved in favor of the Respondent, with no costs awarded. en-us Mon, 16 Apr 2018 00:00:00 +0530 Sat, 21 Apr 2018 08:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359025 The Court dismissed all appeals challenging the Income Tax Appellate Tribunal's decision regarding Fringe Benefit Tax (FBT) on total expenses for Assessment Years 2006-07 to 2009-10. The Tribunal's deletion of the addition made by the Assessing Officer and confirmed by the CIT(A) was upheld. The Court held that expenses not related to employees but for business purposes should not be subject to FBT under Section 115WA, following precedents like TT Motors Ltd. v/s. Assistant Commissioner of Income Tax. The issue was resolved in favor of the Respondent, with no costs awarded. Case-Laws Income Tax Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359025