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

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...