2022 (1) TMI 628

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e details of fringe benefits the same deserve rectification after due verification. Merely because the return was filed online would not allow the revenue to take the benefit of any factual error in the return so filed. In the interest of justice and fair play we restore the issue to the files of the AO. AO is directed to verify the details and rectify the mistake, if any, as per provisions of the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e assessment year 2006-07 by recording incorrect facts and making irrelevant observations. Therefore, the demand raised as such may be liable to be deleted. 2. That under the facts and circumstances of the case and in law the appellant denies the FBT liability to be assessed on a total expenses of ₹ 9,50,288/- and accordingly denies the liability to pay tax and interest demanded there .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 3. Value of fringe benefits for third quarter ₹ 2,68,137/- 4. Value of fringe bebefits for fourth quarter ₹ 3,56,868/- ₹ 9,50,288/- 5. Value of total fringe benefits (Sc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X