Held that providing electricity to its employees at free of cost/concessional rate was not for fulfilling statutory obligation since agreement between management of assessee company and Coal Workers Association was not statutory but it was only a facility provided by company to its employees and he brought to tax same under fringe benefit in hands of assessee. Assessing Officer was justified in taxing the same as under fringes benefit. (AY. 2006-07, 2007-08, 2008-09)