Case Law Details
Bilfinger Neo Structo Pvt. Ltd. Vs ACIT (ITAT Ahmedabad)
As regards ground relating to Employees Welfare Expenses includible in value of Fringe Benefit Tax, the Ld. AR submitted that the details were properly filed before the Assessing Officer which were never taken into account by the CIT(A) as well as Assessing Officer. Ld. AR further submitted that the margin of expenses are in nature of Hotel Expenses, Advertisement Expenses, Hotel Stay and Food Expenses, Guest House Expenses and the same was given to the Assessing Officer with the documents and hence the same should not have been included in Fringe Benefit Tax.
ITAT held that records produced before us shows that the expenses are related to the Employee Welfare expenses and cannot be included in the value of Fringe Benefit Tax. The details were totally discarded by the Assessing Officer as well as the CIT(A). Therefore this ground is allowed.
FULL TEXT OF THE ORDER OF ITAT AHMEDABAD
This appeal is filed by the assessee against the order dated 23.02.2015 passed by the CIT(A)-1, Surat for the Assessment Year 2006-07.
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