https://www.taxtmi.com/caselaws?id=64315 The Tribunal ruled that the employer's payment for the employee's higher education was not a taxable perquisite under Section 17(2)(iv) of the IT Act. The decision to sponsor the employee was made in the employer's business interest, and there was no prior obligation on the employee to pursue higher education. The Tribunal also highlighted the inconsistency in the tax treatment of similar cases, leading to the deletion of the addition for perquisite in favor of the appellant. en-us Mon, 12 Jan 2004 00:00:00 +0530 Fri, 15 Jun 2012 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64315 The Tribunal ruled that the employer's payment for the employee's higher education was not a taxable perquisite under Section 17(2)(iv) of the IT Act. The decision to sponsor the employee was made in the employer's business interest, and there was no prior obligation on the employee to pursue higher education. The Tribunal also highlighted the inconsistency in the tax treatment of similar cases, leading to the deletion of the addition for perquisite in favor of the appellant. Case-Laws Income Tax Mon, 12 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64315