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Question ID : 1308

fRINGE BENEFIT TAX ON FOREIGN TRAVELLING BY THE PARTNERS

A partnership concern bears the expenditures for the Foreign Travellg of its partners. Sce the partners are the owners of the company will the firm be liable to pay the Frge benefit Tax on the Foreign Travellg expenditure borne by the company? '

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Posted by Vishal Thacker on Jan 09, 2006
Filed Under DIRECT TAXES

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