Employer-Employee Relationship a Prerequisite For Levy of Fringe Benefit Tax: Bombay HC [Read Order]

The Bombay High Court a couple of weeks back dismissed an appeal filed against an order of the Income Tax Appellate Tribunal and held that for levy of fringe benefit tax, relationship of employer is the sine qua non and the fringe benefits has to be provided by the employer to the employees in the course of such relationship.A division bench of Justices Ujjal Bhuyan and Milind Jadhav heard...