Fringe Benefit Tax on Employer-Provided Benefits Upheld as Constitutional, Complies with Articles 14 and 246 of Indian Constitution.

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....Levy of additional income tax called “fringe benefit tax” (“FBT”) on fringe benefits provided or deemed to have been provided by an employer to his employees, in addition to the income tax charged under this Act -it is not unconstitutional and opposed to Articles 14 and 246(1) read with Entry 82, List I of the Seventh Schedule to the Constitution of India.....