https://www.taxtmi.com/caselaws?id=117931 The Tribunal upheld the addition of tax perquisite under section 17(2) of the Income-tax Act, rejecting the assessee's claim for exemption under section 10(6)(viia). The addition of salary for 15 days was deemed unjustified and deleted. The value of free food/accommodation as a perquisite was reduced from Rs. 1 lakh to Rs. 50,000. The addition of perquisite for interest paid by the employer was deleted based on a Supreme Court decision. Similarly, the addition of value of rent-free accommodation and various other perquisites was also deleted or reduced, resulting in the partial allowance of the assessee's appeals and dismissal of the departmental appeal. en-us Fri, 10 Sep 2004 00:00:00 +0530 Sun, 20 Jan 2013 20:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117931 The Tribunal upheld the addition of tax perquisite under section 17(2) of the Income-tax Act, rejecting the assessee's claim for exemption under section 10(6)(viia). The addition of salary for 15 days was deemed unjustified and deleted. The value of free food/accommodation as a perquisite was reduced from Rs. 1 lakh to Rs. 50,000. The addition of perquisite for interest paid by the employer was deleted based on a Supreme Court decision. Similarly, the addition of value of rent-free accommodation and various other perquisites was also deleted or reduced, resulting in the partial allowance of the assessee's appeals and dismissal of the departmental appeal. Case-Laws Income Tax Fri, 10 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117931