1989 (2) TMI 40 - HC - Income Tax

Summary

The High Court of Calcutta addressed three questions referred by the Tribunal under the Income-tax Act, 1961. The court held that reimbursement of medical expenses by the assessee to its employees did not constitute a benefit, amenity, or perquisite under section 40(a)(v). The court also declined to answer questions 2 and 3. Conflicting judgments on question 1 make the case eligible for appeal to the Supreme Court under section 261 of the Act.