TMI BlogTrust formation - Gratuity to pay FBTX X X X Extracts X X X X X X X X Extracts X X X X ..... Trust formation - Gratuity to pay FBT X X X X Extracts X X X X X X X X Extracts X X X X ..... Gratuity liable to pay FBT ? Reply By Ravi Chopra: The Reply: No, as per the provisions of section 115W(a) only specified person are liable to FBT. a TRUST is not specified within the provisions of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 115W(a) of the income tax act, 1961 as employer. X X X X Extracts X X X X X X X X Extracts X X X X
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