https://www.taxtmi.com/caselaws?id=170325 The Tribunal ruled in favor of the assessee, determining their residential status as "not ordinarily resident" for the assessment year 2003-04. The inclusion of global income in the taxable income was deemed unnecessary due to the assessee's status. The taxation of perquisites was also dismissed as the amount in question was not considered part of the assessee's income. The Tribunal found the Commissioner's order under section 263 invalid, stating it was not erroneous or prejudicial to the Revenue. The order under section 263 was set aside, and the appeal was allowed, with the decision pronounced on August 30, 2013. en-us Fri, 30 Aug 2013 00:00:00 +0530 Thu, 16 Apr 2015 16:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170325 The Tribunal ruled in favor of the assessee, determining their residential status as "not ordinarily resident" for the assessment year 2003-04. The inclusion of global income in the taxable income was deemed unnecessary due to the assessee's status. The taxation of perquisites was also dismissed as the amount in question was not considered part of the assessee's income. The Tribunal found the Commissioner's order under section 263 invalid, stating it was not erroneous or prejudicial to the Revenue. The order under section 263 was set aside, and the appeal was allowed, with the decision pronounced on August 30, 2013. Case-Laws Income Tax Fri, 30 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170325