ITAT Mumbai Deleted FBT Addition as Sales Promotion Expenses Gave No Employee Benefit

Apar Lubricant Ltd. Vs DCIT (ITAT Mumbai) In this appeal before the Income Tax Appellate Tribunal, Mumbai, the assessee challenged the order of the Commissioner (Appeals) arising from reassessment proceedings under section 147 for Assessment Year 2009–10, wherein an addition was made to the value of fringe benefits by treating advertising, publicity, and sales promotion expenses as liable to Fringe Benefit Tax (FBT) under sections 115WA and 115WB of the Income-tax Act, 1961. During the hearing, the assessee urged that the dispute could be resolved purely on merits and that the validity of re...