https://www.taxtmi.com/caselaws?id=16742 The High Court ruled in favor of the assessee in a case involving the application of section 43B to an unpaid sales tax amount and the treatment of a personal accident insurance premium as a perquisite. The court held that section 43B did not apply to the unpaid sales tax amount as it was paid before the due date, citing relevant precedents. Additionally, the court determined that the personal accident insurance premium paid by the company for its director did not constitute a perquisite as it was not a benefit to the director. Both issues were resolved in favor of the assessee. en-us Tue, 07 Apr 1998 00:00:00 +0530 Wed, 09 Sep 2009 17:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16742 The High Court ruled in favor of the assessee in a case involving the application of section 43B to an unpaid sales tax amount and the treatment of a personal accident insurance premium as a perquisite. The court held that section 43B did not apply to the unpaid sales tax amount as it was paid before the due date, citing relevant precedents. Additionally, the court determined that the personal accident insurance premium paid by the company for its director did not constitute a perquisite as it was not a benefit to the director. Both issues were resolved in favor of the assessee. Case-Laws Income Tax Tue, 07 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16742