https://www.taxtmi.com/caselaws?id=59314 Reimbursement of the cost of a deep freezer by an independent employees' welfare trust was not taxable as a perquisite under section 17(2)(iv) of the Income-tax Act, 1961, because the payment did not arise directly from the employer-employee relationship. The trust maintained separate accounts and exercised independent discretion in making grants and loans, so the receipt could not be linked to salary income. The amount was treated, at best, as a capital receipt and fell outside taxable salary. The addition was deleted. en-us Thu, 15 Mar 1990 00:00:00 +0530 Mon, 27 Dec 2010 17:32:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59314 Reimbursement of the cost of a deep freezer by an independent employees' welfare trust was not taxable as a perquisite under section 17(2)(iv) of the Income-tax Act, 1961, because the payment did not arise directly from the employer-employee relationship. The trust maintained separate accounts and exercised independent discretion in making grants and loans, so the receipt could not be linked to salary income. The amount was treated, at best, as a capital receipt and fell outside taxable salary. The addition was deleted. Case-Laws Income Tax Thu, 15 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59314