Trust formation - Gratuity to pay FBT

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....rust formation - Gratuity to pay FBT<br> Query (Issue) Started By: - BHARTI Dated:- 4-6-2009 Last Reply Date:- 4-6-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>Is Trust formed for the purposes of G....

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....ratuity liable to pay FBT ? Reply By Ravi Chopra: The Reply: No, as per the provisions of section 115W(a) only specified person are liable to FBT. a TRUST is not specified within the provisions of 1....

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....15W(a) of the income tax act, 1961 as employer.<br> Discussion Forum - Knowledge Sharing ....