https://www.taxtmi.com/caselaws?id=22411 Cash allowances such as fixed monthly allowance, bonus, incentives, car allowance and house rent allowance were held not to fall within the expression "benefit, amenity or perquisite" for disallowance under section 40(c)(iii) of the Income-tax Act, 1961. Applying its earlier binding view, the Bombay HC answered the question in the negative and in favour of the assessee, so these cash payments were outside the disallowance provision. en-us Mon, 20 Aug 1990 00:00:00 +0530 Wed, 09 Dec 2009 18:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22411 Cash allowances such as fixed monthly allowance, bonus, incentives, car allowance and house rent allowance were held not to fall within the expression "benefit, amenity or perquisite" for disallowance under section 40(c)(iii) of the Income-tax Act, 1961. Applying its earlier binding view, the Bombay HC answered the question in the negative and in favour of the assessee, so these cash payments were outside the disallowance provision. Case-Laws Income Tax Mon, 20 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22411