https://www.taxtmi.com/caselaws?id=25406 Section 40(c)(iii) of the Income-tax Act, 1961 was explained as covering only expenditure that directly or indirectly provides a benefit, amenity or perquisite to employees. Repairs to leased or company-owned accommodation were treated as the company's own maintenance obligation and not a perquisite; depreciation on buildings and furniture used for employee accommodation was also outside the provision. Bonus was treated as part of salary, and medical expenses were not perquisites. By contrast, crockery and cutlery supplied at officers' residences were regarded as an amenity, and replacement expenditure on that amenity was subject to disallowance once the statutory ceiling was exceeded. en-us Tue, 14 Apr 1987 00:00:00 +0530 Thu, 28 Jan 2010 13:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25406 Section 40(c)(iii) of the Income-tax Act, 1961 was explained as covering only expenditure that directly or indirectly provides a benefit, amenity or perquisite to employees. Repairs to leased or company-owned accommodation were treated as the company's own maintenance obligation and not a perquisite; depreciation on buildings and furniture used for employee accommodation was also outside the provision. Bonus was treated as part of salary, and medical expenses were not perquisites. By contrast, crockery and cutlery supplied at officers' residences were regarded as an amenity, and replacement expenditure on that amenity was subject to disallowance once the statutory ceiling was exceeded. Case-Laws Income Tax Tue, 14 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25406