Expenditure on leased telephone lines has been excluded from the purview of Fringe benefit Tax

ACIT Vs M/s Global Vantedge (P) Ltd. (ITAT Delhi)-  Expenses incurred on use of telephone (including mobile phone) shall not include the expenditure on leased telephone lines. In other words, the expenditure on leased telephone lines has been excluded from the purview of Fringe benefits as provided in clause (J) of sub-section (2) of sec. 115 WB of the Act. In the present case, the assessee has incurred expenses on Telephone Link which  are in the nature of expenses incurred on the leased telephone lines as so observed and held

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