https://www.taxtmi.com/caselaws?id=64669 The Tribunal upheld the assessment of perquisites for the free use of a car and the curtailment of the standard deduction in the case. The Tribunal determined that the value of the perquisite enjoyed through the free use of the car was assessable as part of the total income under section 17. It concluded that the free use of the car by the Directors was not unauthorized, as there was an implied sanction from the companies. Therefore, the perquisite was deemed assessable, and the standard deduction was rightly curtailed under section 16 due to personal use of the car. en-us Fri, 10 Aug 1984 00:00:00 +0530 Wed, 09 Feb 2011 12:19:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64669 The Tribunal upheld the assessment of perquisites for the free use of a car and the curtailment of the standard deduction in the case. The Tribunal determined that the value of the perquisite enjoyed through the free use of the car was assessable as part of the total income under section 17. It concluded that the free use of the car by the Directors was not unauthorized, as there was an implied sanction from the companies. Therefore, the perquisite was deemed assessable, and the standard deduction was rightly curtailed under section 16 due to personal use of the car. Case-Laws Income Tax Fri, 10 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64669