https://www.taxtmi.com/caselaws?id=38148 The court ruled in favor of the revenue, determining that the tax paid by Ballarpur on behalf of the assessee is taxable as income from other sources. The court held that the benefit received by the assessee constituted assessable and taxable income, rejecting arguments that it should be considered under the head "Salaries." The court emphasized that the definition of "income" is inclusive and not exhaustive, supporting the tax treatment. The assessee was directed to pay the costs of the reference to the revenue. en-us Thu, 15 Jun 1978 00:00:00 +0530 Sat, 03 Apr 2010 13:55:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38148 The court ruled in favor of the revenue, determining that the tax paid by Ballarpur on behalf of the assessee is taxable as income from other sources. The court held that the benefit received by the assessee constituted assessable and taxable income, rejecting arguments that it should be considered under the head "Salaries." The court emphasized that the definition of "income" is inclusive and not exhaustive, supporting the tax treatment. The assessee was directed to pay the costs of the reference to the revenue. Case-Laws Income Tax Thu, 15 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38148