https://www.taxtmi.com/highlights?id=48446 Addition on account of income tax on perquisite while computing book profit u/s 115JB - non-monetary perquisites provided to employees forms part of Employee Benefit cost and akin to FBT since they are certainly not below the line items since the same are expressively disallowed u/s 40(a)(v) and the same do not constitute Income Tax for the assessee in terms of Explanation-2 - hence no disallowance en-us Mon, 05 Aug 2019 20:16:09 +0530 Mon, 05 Aug 2019 20:16:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48446 Addition on account of income tax on perquisite while computing book profit u/s 115JB - non-monetary perquisites provided to employees forms part of Employee Benefit cost and akin to FBT since they are certainly not below the line items since the same are expressively disallowed u/s 40(a)(v) and the same do not constitute Income Tax for the assessee in terms of Explanation-2 - hence no disallowance Highlights Income Tax Mon, 05 Aug 2019 20:16:09 +0530 https://www.taxtmi.com/highlights?id=48446