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<h1>Medical expense payments not a benefit under Income-tax Act</h1> The High Court of Madras upheld the Income-tax Appellate Tribunal's decision that monetary payments by an assessee to employees for medical expenses did ... Business Expenditure, Ceiling On Expenditure, Cash Payments The High Court of Madras considered a case where the Income-tax Appellate Tribunal ruled that monetary payments made by an assessee to employees for medical expenses did not constitute a benefit or perquisite under section 40A(5) of the Income-tax Act. The court upheld the Tribunal's decision based on a Supreme Court ruling, answering the question of law in favor of the assessee.