https://www.taxtmi.com/caselaws?id=34914 The court upheld the decision of the CIT (Appeal) and ITAT, ruling that the amount paid by the employer was not a monetary perk but rather a non-monetary perk as the Assessee had paid advance tax. The court found the grossing up of tax liability unjustified since the tax on salary was not borne by the employer. As the advance tax was paid by the Assessee, the grossing up was unsustainable. The court dismissed the appeal due to the low tax effect on the additional amount, concluding that no legal question arose regarding the grossing up of tax liability. en-us Thu, 22 Oct 2009 00:00:00 +0530 Wed, 10 Mar 2010 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34914 The court upheld the decision of the CIT (Appeal) and ITAT, ruling that the amount paid by the employer was not a monetary perk but rather a non-monetary perk as the Assessee had paid advance tax. The court found the grossing up of tax liability unjustified since the tax on salary was not borne by the employer. As the advance tax was paid by the Assessee, the grossing up was unsustainable. The court dismissed the appeal due to the low tax effect on the additional amount, concluding that no legal question arose regarding the grossing up of tax liability. Case-Laws Income Tax Thu, 22 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34914