https://www.taxtmi.com/caselaws?id=62567 The Tribunal held that the free food and accommodation provided by ONGC to foreign technicians could not be considered perquisites under the Income-tax Act. The benefits were deemed necessary for ONGC's operational efficiency and did not constitute income under section 2(24) of the Act. Therefore, the additions made by the Income Tax Officer towards the perquisite value were directed to be deleted, and the appeals were allowed. en-us Thu, 09 Feb 1995 00:00:00 +0530 Thu, 20 Jan 2011 14:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62567 The Tribunal held that the free food and accommodation provided by ONGC to foreign technicians could not be considered perquisites under the Income-tax Act. The benefits were deemed necessary for ONGC's operational efficiency and did not constitute income under section 2(24) of the Act. Therefore, the additions made by the Income Tax Officer towards the perquisite value were directed to be deleted, and the appeals were allowed. Case-Laws Income Tax Thu, 09 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62567