https://www.taxtmi.com/caselaws?id=58941 The Tribunal dismissed the revenue's appeals and upheld the Assistant Commissioner of Income Tax's decision that a housing loan provided by the employer at a concessional rate of interest did not amount to a taxable perquisite under section 17(2)(iii) of the Income-tax Act, 1961. The Tribunal considered the legislative history and previous tribunal decisions, concluding that the additions made by the Income Tax Officer were not justified based on the employer's circular and legislative intent. en-us Mon, 11 Aug 1986 00:00:00 +0530 Thu, 23 Dec 2010 12:23:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58941 The Tribunal dismissed the revenue's appeals and upheld the Assistant Commissioner of Income Tax's decision that a housing loan provided by the employer at a concessional rate of interest did not amount to a taxable perquisite under section 17(2)(iii) of the Income-tax Act, 1961. The Tribunal considered the legislative history and previous tribunal decisions, concluding that the additions made by the Income Tax Officer were not justified based on the employer's circular and legislative intent. Case-Laws Income Tax Mon, 11 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58941