FBT not leviable on mere provision for Approved Superannuation Fund

Jyoti Ltd. Vs DCIT (ITAT Ahmedabad) Solitary issue involved therein relates to the addition by Assessing Officer and confirmed by the learned CIT(A) being provision towards contribution to Approved Superannuation Fund for the purpose of determining liability of the assessee on account of Fringe Benefit Tax. FULL TEXT OF THE ORDER OF ITAT AHMEDABAD This appeal filed by the assessee is directed against the order of learned Commissioner of Income-Tax (Appeals)-IV, Baroda (“CIT(A)” in short) dated 28.02.2014 and the solitary issue involved therein relates to the addition of Rs. 49,04,112/- mad...