Amendment to Section 10(10CC) of Income Tax Act: Tax on non-monetary perks not treated as extra income. https://www.taxtmi.com/highlights?id=13797 Exclusion u/s 10(10CC) - non-monetary perquisites - whenever tax is deposited in respect of a non-monetary perquisite, provision of Section 10 (10CC) applies, thus excluding multiple stage grossing up. purpose and intent of introducing amendment to Section 10(10CC) was to exclude element of income - HC en-us Fri, 09 Aug 2013 09:40:20 +0530 Fri, 09 Aug 2013 09:40:20 +0530 TaxTMI RSS Generator Amendment to Section 10(10CC) of Income Tax Act: Tax on non-monetary perks not treated as extra income. https://www.taxtmi.com/highlights?id=13797 Exclusion u/s 10(10CC) - non-monetary perquisites - whenever tax is deposited in respect of a non-monetary perquisite, provision of Section 10 (10CC) applies, thus excluding multiple stage grossing up. purpose and intent of introducing amendment to Section 10(10CC) was to exclude element of income - HC Highlights Income Tax Fri, 09 Aug 2013 09:40:20 +0530 https://www.taxtmi.com/highlights?id=13797