No Liability arises as Revenue failed to issue Demand Notice with respect to Interest component of FBT: ITAT grants relief to Sony India [Read Order]

ITAT - ITAT Delhi - Income Tax - Sony India tax case - Fringe Benefit Tax - Sony India - taxscan

The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) while granting relief to Sony India the bench held that liability does not arise since failure to demand notice with respect to interest component of Fringe Benefit Tax ( FBT ). The assessee Sony India Pvt. Ltd. is a resident corporate entity.After filing the…

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