Fringe Benefit Tax Exemption: Business Necessity Expenses Like Visa Fees Not Subject to FBT as They Offer No Employee Benefit.

Fringe Benefit Tax Exemption: Business Necessity Expenses Like Visa Fees Not Subject to FBT as They Offer No Employee Benefit. https://www.taxtmi.com/highlights?id=54999 Fringe benefit tax on expenditure - FBT - Expenditure has been incurred for business necessity and not for providing any domestic benefit or amenity to the employee. The payment for visa and other charges are statutory obligations and fringe benefit tax cannot be levied - HC en-us Sat, 03 Oct 2020 15:27:43 +0530 Sat, 03 Oct 2020 15:27:43 +0530 TaxTMI RSS Generator Fringe Benefit Tax Exemption: Business Necessity Expenses Like Visa Fees Not Subject to FBT as They Offer No Employee Benefit. https://www.taxtmi.com/highlights?id=54999 Fringe benefit tax on expenditure - FBT - Expenditure has been incurred for business necessity and not for providing any domestic benefit or amenity to the employee. The payment for visa and other charges are statutory obligations and fringe benefit tax cannot be levied - HC Highlights Income Tax Sat, 03 Oct 2020 15:27:43 +0530 https://www.taxtmi.com/highlights?id=54999