R & B FALCON (A) PTY LTD. vs. COMMISSIONER OF INCOME TAX
Appeal is allowed to the above extent
C.A. No.-003326-003326 - 2008Supreme Court06 May 2008
For Respondent: Commissioner of Income Tax
Section 115Section 115WSection 245Q(1)
115W defines "employer" and "fringe benefit tax". "Fringe
Benefit Tax" (FBT) has been defined as a tax chargeable under Section
115WA.
Section 115 WA(1) provides for the basis for charge of fringe benefit
tax in the following terms :
"115WA.(1) In addition to the income-tax charged
under this Act, there shall be charged for levy
assessment year commencing
