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| The Tax Publishers2020 TaxPub(DT) 4059 (Karn-HC) : (2020) 275 TAXMAN 0610 INCOME TAX ACT, 1961
Section 115WB(2)(H)
From conjoint reading of provisions of section 115WB(2)(C) and Circular No. 8/2005 dated 29-08-2005, expenditure incurred in imparting in-house training to employees is excluded from the ambit of fringe benefit tax.
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Fringe benefit tax - Addition - Expenditure in imparting in-house training to employees -
Assessee incurred expenditure in imparting in-house training to employees which was made chargeable to fringe benefit tax under section 115WB(2)(H) by the AO. Held: As from conjoint reading of provisions of section 115WB(2)(C) and Circular No. 8/2005 dated 29-08-2005, it is evident that expenditure incurred in imparting in-house training to employees is excluded from the ambit of fringe benefit tax. Further assessee had also produced the documents before the authorities to show that it had incurred expenses for imparting training to its employees. Hence, addition made could not be held as justified.
REFERRED :
FAVOUR : In assessee's favour
A.Y. : 2009-10
IN THE KARNATAKA HIGH COURT
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