1984 (2) TMI 88

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..... ion : " Whether, on the facts and in the circumstances of the case, the Tribunal erred in law in holding that repairs to the flat occupied by the employees did not provide any benefit or amenity to the employees as contemplated under the provisions of section 40(c)(iii) ? " The ITO disallowed a sum of Rs. 58,428 on the ground that it represents benefit given to the assessee's (employees) and a .....

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..... the flats in normal course has not been disputed. It appears that the company had taken on rent (on lease) certain flats which it had let out to its employees. In order to maintain them in good livable condition, the company incurred the expenditure in question for repairs of those flats. There is no evidence that the repairs increased the value of the flats. It is apparent that the company had t .....

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