https://www.taxtmi.com/caselaws?id=57415 The Tribunal determined that certain payments, including house rent allowance and personal accident insurance premium, were not 'perquisites' under section 40A(5) of the Income-tax Act, 1961, and thus excluded from the disallowance calculation. Provident fund and gratuity contributions were deemed to fall under a different provision, warranting further examination. The Tribunal applied section 40A(5) over section 40(c), favoring the assessee and allowing the appeal. en-us Tue, 26 Feb 1985 00:00:00 +0530 Fri, 10 Dec 2010 10:41:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57415 The Tribunal determined that certain payments, including house rent allowance and personal accident insurance premium, were not 'perquisites' under section 40A(5) of the Income-tax Act, 1961, and thus excluded from the disallowance calculation. Provident fund and gratuity contributions were deemed to fall under a different provision, warranting further examination. The Tribunal applied section 40A(5) over section 40(c), favoring the assessee and allowing the appeal. Case-Laws Income Tax Tue, 26 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57415