Perquisite definition expanded to include marketing expenditures and commuting benefits, and tour and travel reclassified under perquisites. The amendment classifies expenditures on free medical samples to doctors and payments to persons of repute for promotion as perquisites, reclassifies tour and travel (including foreign travel) within the perquisite list, and expands taxable benefits to include free or subsidised transport or allowances for employee commuting.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Perquisite definition expanded to include marketing expenditures and commuting benefits, and tour and travel reclassified under perquisites.
The amendment classifies expenditures on free medical samples to doctors and payments to persons of repute for promotion as perquisites, reclassifies tour and travel (including foreign travel) within the perquisite list, and expands taxable benefits to include free or subsidised transport or allowances for employee commuting.
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