https://www.taxtmi.com/caselaws?id=70573 The appeals were allowed by the Tribunal, limiting perquisites for income tax reimbursement to actual amounts reimbursed by the employer. The judgment clarified that only actual amounts received and receivable should be taxed, and grossing up based on tax on tax should only apply with a clear agreement for net income after tax. The decision emphasized the significance of actual perquisites in determining tax liability for salary and allowances, following thorough analysis of cited case laws. en-us Mon, 02 Jun 1980 00:00:00 +0530 Mon, 18 Apr 2011 10:24:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70573 The appeals were allowed by the Tribunal, limiting perquisites for income tax reimbursement to actual amounts reimbursed by the employer. The judgment clarified that only actual amounts received and receivable should be taxed, and grossing up based on tax on tax should only apply with a clear agreement for net income after tax. The decision emphasized the significance of actual perquisites in determining tax liability for salary and allowances, following thorough analysis of cited case laws. Case-Laws Income Tax Mon, 02 Jun 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70573