Tribunal held that ; once Fringe benefit tax (FBT) was paid, no disallowance could be made on account of personal expenditure; thus, travelling expenditure was to be allowed . ( AY.2007 -08)
Second Leasing (P.) Ltd. v. ACIT (2018) 171 ITD 508 / 171 DTR 97/196 TTJ 117 (Delhi) (Trib.)
S.37(1):Business expenditure- Travelling expenditure -Fringe benefit tax on travelling expenses incurred by it during year, travelling expenses could not be disallowed on account of personal expenditure. [ S.115JB ]