Dismissing the appeal of the revenue the Court held that the expenditure incurred by the assessee on sales promotion had no nexus on employer-employee relationship and for expenses incurred in holding dealers\u2019 meet, the question of employer-employee relationship did not arise. The Tribunal was correct in holding that the fringe benefits brought to tax on account of sales promotion expenses and conference charges did not attract the provisions of section\u00a0115WB\u00a0. The expenditure was incurred by the assessee for the purpose of holding a dealers\u2019 conference. Therefore, such expenditure could not have been considered for determining the assessee\u2019s liability towards fringe benefits tax under section\u00a0115WB(2)(c)\u00a0. Similarly, the expenses incurred by the assessee towards sales promotion could not be taxed in view of the provision contained in section\u00a0115WB(2)(d)\u00a0. Order of the Tribunal is affirmed . \u00a0( AY.2009-10)<\/p>\n
\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" S. 115WB : Fringe benefits – Sales promotion and dealers conference \u2013No nexus with employer and employee relationship-Not assessable as Fringe benefits[ S.115WB(2)(c ) 115WB (2) (d) ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-15816","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-476","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=15816"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15816\/revisions"}],"predecessor-version":[{"id":21208,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15816\/revisions\/21208"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}