https://www.taxtmi.com/caselaws?id=36555 The High Court of Karnataka upheld the decisions of the Appellate Tribunal regarding the non-consideration of cash payments of bonus and house rent allowance as perquisites under sections 40(a)(v) and 40A(5) of the Income-tax Act, 1961. The court affirmed that cash payments like bonus and house rent allowance did not meet the criteria to be classified as perquisites under the relevant sections, emphasizing the distinction between cash payments and other qualifying forms of benefits or amenities. en-us Tue, 22 Jul 1980 00:00:00 +0530 Tue, 23 Mar 2010 11:39:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36555 The High Court of Karnataka upheld the decisions of the Appellate Tribunal regarding the non-consideration of cash payments of bonus and house rent allowance as perquisites under sections 40(a)(v) and 40A(5) of the Income-tax Act, 1961. The court affirmed that cash payments like bonus and house rent allowance did not meet the criteria to be classified as perquisites under the relevant sections, emphasizing the distinction between cash payments and other qualifying forms of benefits or amenities. Case-Laws Income Tax Tue, 22 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36555