https://www.taxtmi.com/caselaws?id=37586 The High Court ruled in favor of the assessee in a case involving taxation of salary income and perquisites. The Court held that the amount paid abroad to the Italian company by the Fertilizer Corporation of India constituted the assessee's salary income. It was determined that the daily allowance paid was not exempt from tax. The Court rejected the grossing up of income and perquisites, stating that the value of the perquisite should be limited to the tax actually paid. Additionally, the Court found that the assessee was not liable to be taxed in India due to the lack of established employer-employee relationship. en-us Tue, 06 Jun 1978 00:00:00 +0530 Tue, 30 Mar 2010 16:48:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37586 The High Court ruled in favor of the assessee in a case involving taxation of salary income and perquisites. The Court held that the amount paid abroad to the Italian company by the Fertilizer Corporation of India constituted the assessee's salary income. It was determined that the daily allowance paid was not exempt from tax. The Court rejected the grossing up of income and perquisites, stating that the value of the perquisite should be limited to the tax actually paid. Additionally, the Court found that the assessee was not liable to be taxed in India due to the lack of established employer-employee relationship. Case-Laws Income Tax Tue, 06 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37586