https://www.taxtmi.com/caselaws?id=234331 The Tribunal upheld the CIT(A)'s decision to consider the perquisite amount only to the extent of tax paid by the employer, rejecting the Revenue's appeal. The Tribunal emphasized that tax reimbursed by the employer should not be added to the assessee's income, in line with legal precedents. The Revenue's argument that a higher perquisite value should be adopted was dismissed, affirming the deletion of the additional amount added by the Assessing Officer. en-us Wed, 13 Feb 2013 00:00:00 +0530 Fri, 07 Jun 2013 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234331 The Tribunal upheld the CIT(A)'s decision to consider the perquisite amount only to the extent of tax paid by the employer, rejecting the Revenue's appeal. The Tribunal emphasized that tax reimbursed by the employer should not be added to the assessee's income, in line with legal precedents. The Revenue's argument that a higher perquisite value should be adopted was dismissed, affirming the deletion of the additional amount added by the Assessing Officer. Case-Laws Income Tax Wed, 13 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234331