Payment of fringe benefit tax.115WI.
Notwithstanding that the regular assessment
in respect of any fringe benefits
is to be made in a later assessment
year, the tax
on such fringe benefits shall be payable in advance during any financial year, in accordance with the provisions of section 115WJ
, in respect of the fringe benefits which would be chargeable to tax for the assessment year
immediately following that financial year, such fringe benefits being hereafter in this Chapter referred to as the "current fringe benefits".