1984 (2) TMI 88 - HC - Income Tax

Summary

The High Court of Calcutta ruled in favor of the assessee company in a case concerning repairs to flats occupied by employees. The Tribunal held that the repairs did not provide any benefit or amenity to the employees as per section 40(c)(iii). The company's obligation to maintain the flats in good livable condition meant the repairs were not a benefit to the employees. The court answered the question in the negative, favoring the assessee, with no order as to costs.