Question ID : 1629

Taxability of Reimbursement of Driver salary to an Employee ^ Section 115WB(1) (a)

As per pot no 78 of detailed circur on FBT, the reimbursement of driver sary ( driver is not on roll of the co.)to an employee (just on his decration) is not covered u,s 17(1) and FBT is payable u,s115WB(2) F, While earlier reimbursemnet was taxable the hands of employee.Further Frge benfit(FB) as per 115WB(1)(a) has not been given value 115WC, while F.B u,s115WB(1)(b&c)is valued at 100%&115WB(2)A to K valued at20% & L to P at 50%.Is it mean that Frge Benefit defed u,s 115WB(1)(a)is free from Frge Benfit Tax the absence of any valuation of the same u,s 115WC.

V.K Ja '

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