https://www.taxtmi.com/caselaws?id=26546 The scholarship amount given by the employer to the children of the assessee-employee was held not to be a benefit under section 17(2)(iii) of the Income-tax Act, 1961. Additionally, the scholarship amount was deemed exempt under section 10(16) of the Act. The court ruled in favor of the assessee, directing the Commissioner to bear the costs of the reference. en-us Mon, 16 Sep 1985 00:00:00 +0530 Sat, 06 Feb 2010 10:02:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26546 The scholarship amount given by the employer to the children of the assessee-employee was held not to be a benefit under section 17(2)(iii) of the Income-tax Act, 1961. Additionally, the scholarship amount was deemed exempt under section 10(16) of the Act. The court ruled in favor of the assessee, directing the Commissioner to bear the costs of the reference. Case-Laws Income Tax Mon, 16 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26546