Tribunal held that the supply of electricity to its employees at concessional rates would be treated as perquisite under S. 17(2) of the Act only when the assessee furnishes certificate of tax deducted at source on salary income of its employees. In the absence of such evidence, the AO could make addition in the hands of assessee as fringe benefit. (AY. 2009-10)
Madhya Pradesh Madhya Kshetra Vidyut Viteran Company Ltd. v. DCIT (2019) 76 ITR 86 / 184 DTR 380 / 202 TTJ 359 (Indore)(Trib.)
S. 17(2) : Perquisite-Fringe Benefits-Supply of electricity to employees at concessional rates-concession to be treated as Fringe Benefit. [S. 2(33B), 15, 192]