https://www.taxtmi.com/caselaws?id=70363 Personal use of company cars by a director may constitute a taxable perquisite where the company does not oppose that use and its articles of association do not prohibit it. Sections 2(24)(iv) and 17(2), read with Rule 3, treat the value of an authorised benefit provided by a company as income of the recipient. Company inaction may support an inference of authorisation, distinguishing situations involving unauthorised use. Earlier rulings concerning unauthorised use by managing agents and materially different facts do not govern such circumstances. Consistent prior inclusion of the car-use benefit without challenge further supports its assessment as a perquisite. en-us Wed, 28 Mar 1984 00:00:00 +0530 Fri, 15 Apr 2011 17:36:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70363 Personal use of company cars by a director may constitute a taxable perquisite where the company does not oppose that use and its articles of association do not prohibit it. Sections 2(24)(iv) and 17(2), read with Rule 3, treat the value of an authorised benefit provided by a company as income of the recipient. Company inaction may support an inference of authorisation, distinguishing situations involving unauthorised use. Earlier rulings concerning unauthorised use by managing agents and materially different facts do not govern such circumstances. Consistent prior inclusion of the car-use benefit without challenge further supports its assessment as a perquisite. Case-Laws Income Tax Wed, 28 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70363