https://www.taxtmi.com/caselaws?id=247153 Disputed fringe benefit tax could not be sustained where the assessee had deposited the amount in a separate escrow account in compliance with the jurisdictional High Court's interim directions. The authorities were said to be unjustified in making the addition once the High Court had treated such deposit as sufficient compliance with the provisions governing fringe benefit tax. The Assessing Officer was directed to verify whether the deposit had actually been made as stated, and, if verified, delete the addition. The resulting position was that the fringe benefit value addition was unsustainable on verification of the escrow deposit. en-us Tue, 28 Jan 2014 00:00:00 +0530 Tue, 29 Apr 2014 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247153 Disputed fringe benefit tax could not be sustained where the assessee had deposited the amount in a separate escrow account in compliance with the jurisdictional High Court's interim directions. The authorities were said to be unjustified in making the addition once the High Court had treated such deposit as sufficient compliance with the provisions governing fringe benefit tax. The Assessing Officer was directed to verify whether the deposit had actually been made as stated, and, if verified, delete the addition. The resulting position was that the fringe benefit value addition was unsustainable on verification of the escrow deposit. Case-Laws Income Tax Tue, 28 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247153