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Aplicability of Fringe Benefit Tax

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(Querist)
05 March 2009 Is FBT liable on following expenditure incurred by a management institute which is covered under the definition of employer u/s 115 W(A)

1) Distribution of laptops to students.

2) Following expenditure incurred towards students industrial training in abroad.

a) Accomodation and coach charges.
b) Air tickets and visa fees.
c) Student Welfare-i.e.Aagman, Amaze,refreshment & fresher party?
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
06 March 2009 1. No
2. Yes U/s 115WB(2)(G)

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