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2014 (1) TMI 439 - AT - Income TaxPayment made for visa charges liable to fringe benefit tax or not u/s 115WB(2)(F) of the Act - Held that:- Following Assistant Commissioner of Income Tax, Circle 11(4), Bangalore. Versus M/s. Infosys Technologies Ltd. [2012 (12) TMI 804 - ITAT, BANGALORE] - The expenses incurred under the head “Visa Charges and Others” is a legitimate business expenditure incurred by the assessee - They are statutory in nature and are neither paid to the employees nor incurred for the benefit of the employees of the assessee company - These charges are not incurred or paid as a consideration for employment - the expenses under the head “Visa Charges and Others” are not liable for FBT are correct, for the above reasons and is in accordance with law” - Payment on account of ‘Visa charges and others’ are legitimate business expenses and cannot be considered as paid to the employees or incurred for the benefit of employees - These payments are not consideration for employment – Decided against Revenue.
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