TMI BlogInsertion of new section 115WKB. Deemed payment of tax by employee.X X X X Extracts X X X X X X X X Extracts X X X X ..... o in clause ( d ) of sub-section ( 1 ) of section 115WB, and has recovered such tax subsequently from an employee, it shall be deemed that the fringe benefit tax so recovered is the tax paid by such employee in relation to the value of the fringe benefit provided to him only to the extent to which the amount thereof relates to the value of the fringe benefit provided to such employee, as determine ..... X X X X Extracts X X X X X X X X Extracts X X X X
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