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Entities Must Comply with Fringe Benefit Tax and TDS Obligations u/ss 115WE and 192 to Avoid Liabilities.

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Full Text of the Document

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....Levy of FBT 115WE or TDS liability u/s 192 - it is not open for it to take a contrarian stand, as it apparently does inasmuch as it admits to neither – the tax liability on the benefit to its’ employees and, consequently, to deduction of tax at source and the consequential liability u/s. 201(1)/201(1A), as well as to tax u/s. 115WA(1).....