https://www.taxtmi.com/caselaws?id=410210 The appeal was dismissed as the court held that the appellant, a premier research institution recognized as a 'Deemed University', cannot be treated as an instrumentality or agency of the Government for computing perquisite value under Rule 3 of the Income Tax Rules, 1962. The court concluded that the appellant does not qualify for the same treatment as Central Government employees and clarified the obligations of the Assessing Officer. The court affirmed the Tribunal's findings, answering substantial questions of law against the appellant. en-us Wed, 14 Jul 2021 00:00:00 +0530 Tue, 16 Nov 2021 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410210 The appeal was dismissed as the court held that the appellant, a premier research institution recognized as a 'Deemed University', cannot be treated as an instrumentality or agency of the Government for computing perquisite value under Rule 3 of the Income Tax Rules, 1962. The court concluded that the appellant does not qualify for the same treatment as Central Government employees and clarified the obligations of the Assessing Officer. The court affirmed the Tribunal's findings, answering substantial questions of law against the appellant. Case-Laws Income Tax Wed, 14 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410210