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Income Tax

Expenses liable to be considered as fringe benefits only to extent same are incurred in consideration for employment

Case Law Details

Case Name
Desai Brothers Ltd. Vs. Addl. CIT, Range-1 (ITAT Pune)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2006- 07
Advertisement ITAT PUNE BENCH ‘A’ Desai Brothers Ltd. versus Additional Commissioner of Income-tax IT Appeal No. 168 (PN) of 2009 [ASSESSMENT YEAR 2006-07] Date of Pronouncement – 31.10.2012 ORDER Shailendra Kumar Yadav, Judicial Member This appeal of the assessee is against the order of the CIT(A)-I, Pune, for the assessment year 2006-07. The grounds raised by the assessee are as under: 1. Learned CIT(A) erred in law and on facts in confirming the addition of Rs. 10,23,042/- as the taxable amount of Fringe Benefits to the amount of Fringe Benefits declared by the appellan...
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