TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Appeal: Deep Freezer Purchase Reimbursement Not Taxable as Perquisite</h1> <h3>MRS. SOONOO J. NAZIR. Versus INCOME TAX OFFICER.</h3> The ITAT Bombay-E allowed the appeal of the assessee for the assessment year 1984-85, holding that the sum of Rs. 16,000 received from a Welfare Trust for ... - The ITAT Bombay-E allowed the appeal of the assessee for asst. yr. 1984-85, holding that the sum of Rs. 16,000 received from a Welfare Trust for purchasing a deep freezer is not taxable as a perquisite under s. 17(2)(iv) of the IT Act. The Tribunal deleted the addition of Rs. 16,000 as salary income of the assessee, based on the finding that the reimbursement by the trust was a capital receipt and not a perquisite. The appeal was allowed.
TaxTMI 
TaxTMI 
