https://www.taxtmi.com/caselaws?id=468002 Medical reimbursements for treatment in unapproved hospitals remained within the employee perquisite framework, but reimbursements not exceeding the applicable exemption limit were not taxable in employees' hands and therefore were excluded from fringe benefit tax. A Board circular treating such reimbursements as taxable could not override the statutory scheme. Since the reimbursements were not chargeable to fringe benefit tax, the assessment order was not erroneous or prejudicial to Revenue interests on that issue; consequently, revision under section 263 could not be sustained. en-us Tue, 14 Oct 2025 00:00:00 +0530 Fri, 10 Apr 2026 17:40:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468002 Medical reimbursements for treatment in unapproved hospitals remained within the employee perquisite framework, but reimbursements not exceeding the applicable exemption limit were not taxable in employees' hands and therefore were excluded from fringe benefit tax. A Board circular treating such reimbursements as taxable could not override the statutory scheme. Since the reimbursements were not chargeable to fringe benefit tax, the assessment order was not erroneous or prejudicial to Revenue interests on that issue; consequently, revision under section 263 could not be sustained. Case-Laws Income Tax Tue, 14 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468002