Assessee Challenges Disallowance of Traveling Expenses After Paying 20% Fringe Benefit Tax; Cites Established Law.

Assessee Challenges Disallowance of Traveling Expenses After Paying 20% Fringe Benefit Tax; Cites Established Law. https://www.taxtmi.com/highlights?id=39791 Disallowance of traveling expenses - as per assessee it has paid fringe benefit tax at the rate of 20% - Now it is a settled position of law that no disallowance can be made once expenses are exigible to FBT. en-us Sat, 09 Jun 2018 09:06:31 +0530 Sat, 09 Jun 2018 09:06:31 +0530 TaxTMI RSS Generator Assessee Challenges Disallowance of Traveling Expenses After Paying 20% Fringe Benefit Tax; Cites Established Law. https://www.taxtmi.com/highlights?id=39791 Disallowance of traveling expenses - as per assessee it has paid fringe benefit tax at the rate of 20% - Now it is a settled position of law that no disallowance can be made once expenses are exigible to FBT. Highlights Income Tax Sat, 09 Jun 2018 09:06:31 +0530 https://www.taxtmi.com/highlights?id=39791