https://www.taxtmi.com/caselaws?id=391377 The Tribunal upheld the levy of Fringe Benefit Tax (FBT) on the provision of free electricity to employees by the assessee for the financial year 2007-08. The Tribunal found that the failure to deduct tax at source on the perquisite of free electricity, coupled with resistance from employees on tax deduction, indicated that the benefit was not considered a perquisite exempt from FBT. The Tribunal emphasized the statutory obligation to deduct tax at source and upheld the decision of the Commissioner of Income Tax, dismissing the assessee's appeal. en-us Mon, 20 Jan 2020 00:00:00 +0530 Mon, 27 Jan 2020 05:33:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391377 The Tribunal upheld the levy of Fringe Benefit Tax (FBT) on the provision of free electricity to employees by the assessee for the financial year 2007-08. The Tribunal found that the failure to deduct tax at source on the perquisite of free electricity, coupled with resistance from employees on tax deduction, indicated that the benefit was not considered a perquisite exempt from FBT. The Tribunal emphasized the statutory obligation to deduct tax at source and upheld the decision of the Commissioner of Income Tax, dismissing the assessee's appeal. Case-Laws Income Tax Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391377