Deemed payment of tax by employee.

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....961<br>1[Deemed payment of tax by employee. 115WKB. (1) Where an employer has paid any fringe benefit tax with respect to allotment or transfer of specified security or sweat equity shares, referred ....

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....nder clause (ba) of sub-section (1) of section 115WC. (2) Notwithstanding anything contained in any other provisions of this Act, where the fringe benefit tax recovered from the employee is deemed to....