2003 (2) TMI 13

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....the Income-tax Appellate Tribunal, New Delhi, has referred under section 256(1) of the Income-tax Act, 1961, the following question for our opinion: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in upholding the determination of the perquisite value of the accommodation, furniture, electricity and water at Rs. 5,784." The reference pertains to the....