https://www.taxtmi.com/caselaws?id=197023 The Tribunal allowed the appeal, ruling that reimbursement of medical expenditure exceeding the exempt threshold did not attract Fringe Benefit Tax as defined in the Act. The Tribunal found that medical expenses, being directly attributable to each employee, were considered perquisites subject to exemption limits under Sec. 17(2) of the Act. The Tribunal concluded that the CBDT Circular was contradictory to legislative intent and previous Tribunal decisions supporting the non-taxability of such reimbursements under FBT. en-us Wed, 23 Apr 2014 00:00:00 +0530 Fri, 22 Dec 2017 08:07:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197023 The Tribunal allowed the appeal, ruling that reimbursement of medical expenditure exceeding the exempt threshold did not attract Fringe Benefit Tax as defined in the Act. The Tribunal found that medical expenses, being directly attributable to each employee, were considered perquisites subject to exemption limits under Sec. 17(2) of the Act. The Tribunal concluded that the CBDT Circular was contradictory to legislative intent and previous Tribunal decisions supporting the non-taxability of such reimbursements under FBT. Case-Laws Income Tax Wed, 23 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197023