https://www.taxtmi.com/highlights?id=75410 Addition as perquisite u/s 17(2)(iv) - payment for credit card bills made by the company on her behalf - The ITAT deleted the addition accepting the assessee's contention that the expenses were for business purposes and not personal perquisites. This decision was made considering the evidence provided by the assessee demonstrating the nature of the expenses incurred in connection with the business. en-us Tue, 05 Mar 2024 15:16:24 +0530 Tue, 05 Mar 2024 15:16:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75410 Addition as perquisite u/s 17(2)(iv) - payment for credit card bills made by the company on her behalf - The ITAT deleted the addition accepting the assessee's contention that the expenses were for business purposes and not personal perquisites. This decision was made considering the evidence provided by the assessee demonstrating the nature of the expenses incurred in connection with the business. Highlights Income Tax Tue, 05 Mar 2024 15:16:24 +0530 https://www.taxtmi.com/highlights?id=75410