https://www.taxtmi.com/caselaws?id=70118 The Tribunal upheld the CIT(A)'s decisions on various tax issues, including the computation of perquisites for rent-free accommodation, electricity and telephone expenses, use of company's car, standard deduction entitlement, treatment of club subscriptions, consultancy service expenses deduction, addition based on seized materials, and long-term capital gains on the sale of a horse. The dissenting Sr. Vice-President's views were reconciled by the Third Member, aligning with the Sr. Vice-President on rent-free accommodation but with the Judicial Member on other matters. en-us Thu, 12 Jun 1997 00:00:00 +0530 Thu, 14 Apr 2011 14:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70118 The Tribunal upheld the CIT(A)'s decisions on various tax issues, including the computation of perquisites for rent-free accommodation, electricity and telephone expenses, use of company's car, standard deduction entitlement, treatment of club subscriptions, consultancy service expenses deduction, addition based on seized materials, and long-term capital gains on the sale of a horse. The dissenting Sr. Vice-President's views were reconciled by the Third Member, aligning with the Sr. Vice-President on rent-free accommodation but with the Judicial Member on other matters. Case-Laws Income Tax Thu, 12 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70118