TMI BlogDisallowance of traveling expenses - as per assessee it has paid fringe benefit tax at the rate of 20% -...Disallowance of traveling expenses - as per assessee it has paid fringe benefit tax at the rate of 20% - Now it is a settled position of law that no disallowance can be made once expenses are exigible to FBT. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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