No Employer-Employee Relationship Between Piramal Enterprises and Doctors to Levy FBT: ITAT deletes Addition u/s 115WB (2)(d) and S. 115WB(2)(o) [Read Order]
Since there was no employer-employee relationship with the doctors, the expenditure on distributing free samples couldn't be considered as fringe benefits subject to Fringe Benefit Tax (FBT)
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that there exists no employer-employee relationship between Piramal Enterprises and doctors, leading to the deletion of additions under Sections 115WB(2)(d) and 115WB(2)(o) related to Fringe Benefit Tax ( FBT ). The assessee filed its fringe benefit return under Section 115WD(1) of…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
