https://www.taxtmi.com/caselaws?id=18547 The High Court upheld the validity of the assessment reopening under section 147(b) of the Income-tax Act, ruling in favor of the Department. However, the Court decided in favor of the assessee regarding the classification of medical expenses as perquisites under section 40A(5), stating that such expenses should not be considered as perquisites for the purpose of disallowance. The judgment directed communication to the Income-tax Appellate Tribunal for further proceedings. en-us Fri, 02 Feb 1996 00:00:00 +0530 Thu, 01 Oct 2009 15:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18547 The High Court upheld the validity of the assessment reopening under section 147(b) of the Income-tax Act, ruling in favor of the Department. However, the Court decided in favor of the assessee regarding the classification of medical expenses as perquisites under section 40A(5), stating that such expenses should not be considered as perquisites for the purpose of disallowance. The judgment directed communication to the Income-tax Appellate Tribunal for further proceedings. Case-Laws Income Tax Fri, 02 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18547