11 December 2008
If a foreign company manages its functioning in India through an Event Manager or a Liaison officer as it does not have any permanent establishment then it will not be liable to Fringe Benefit Tax if does not have any employees based in India.
13 December 2008
Applicable. Pl refer The Population council Inc (2006) 286 ITR 342(AAR). Singapore Tourism Board (2008) 219 CTR (AAR)657. These decisions are for foreign companies.