https://www.taxtmi.com/caselaws?id=64806 The Tribunal dismissed the Revenue's appeals and the assessee's cross-objections for financial years 1995-96 to 1998-99, except for partially allowing the cross-objection for the financial year 1998-99 concerning the valuation of perquisite for accommodation. The Tribunal upheld the CIT(A)'s decisions on tax deductions under Sections 194C and 194J, and valuation of perquisites for accommodation, drivers' salaries, and maintenance charges. The Tribunal also affirmed the CIT(A)'s directive for consequential relief on interest under Section 201(1A), emphasizing its compensatory nature for short tax deductions. en-us Thu, 03 Mar 2005 00:00:00 +0530 Thu, 30 May 2024 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64806 The Tribunal dismissed the Revenue's appeals and the assessee's cross-objections for financial years 1995-96 to 1998-99, except for partially allowing the cross-objection for the financial year 1998-99 concerning the valuation of perquisite for accommodation. The Tribunal upheld the CIT(A)'s decisions on tax deductions under Sections 194C and 194J, and valuation of perquisites for accommodation, drivers' salaries, and maintenance charges. The Tribunal also affirmed the CIT(A)'s directive for consequential relief on interest under Section 201(1A), emphasizing its compensatory nature for short tax deductions. Case-Laws Income Tax Thu, 03 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64806