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2018 (4) TMI 1069 - HC - Income TaxComputing the value of Fringe benefit for the purpose of FBT - marketing and support service charges considered for FBT - Held that:- The intention of the FBT is to tax the collective benefits given to employees as a group where such benefits cannot be attributed to any single employee. Since such collective benefits, earlier, were neither taxed in the hands of employee nor in the hands of employer, the FBT was introduced. At the end it is to be summarized that the expenditure incurred is purely business expenditure and is not covered by any of the subsections of 115 WB. Accordingly the same is not liable to tax under FBT. This case is covered by the decision of the Division Bench in the case of Commissioner of Income Tax Vs. Tata Consultancy Limited. [2015 (5) TMI 518 - BOMBAY HIGH COURT]
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