https://www.taxtmi.com/caselaws?id=6019 A company-provided car benefit could not be brought to tax in the managing agent's individual assessment under section 2(6C)(iii) of the Indian Income-tax Act, 1922, because the charging definition applied only where the recipient had substantial interest in the company. On the facts, the assessee had no such substantial interest and was not shown to be a relative of a person who did. Since the statutory condition for invoking the provision was absent, the benefit could not be included in the individual assessment, and there was no need to examine whether the benefit was otherwise unauthorised. en-us Wed, 20 Sep 1995 00:00:00 +0530 Sun, 30 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6019 A company-provided car benefit could not be brought to tax in the managing agent's individual assessment under section 2(6C)(iii) of the Indian Income-tax Act, 1922, because the charging definition applied only where the recipient had substantial interest in the company. On the facts, the assessee had no such substantial interest and was not shown to be a relative of a person who did. Since the statutory condition for invoking the provision was absent, the benefit could not be included in the individual assessment, and there was no need to examine whether the benefit was otherwise unauthorised. Case-Laws Income Tax Wed, 20 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6019