1997 (7) TMI 76

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.....---At the instance of the Revenue, the following question of law has been referred to us by the Income-tax Appellate Tribunal, Amritsar Bench, Amritsar, along with the statement of the case, for our opinion : "Whether, on the facts and in the circumstances of the case, the Tribunal was right in excluding the addition of Rs. 3,000 as perquisite on the ground that personal use of the car of the ....

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....that the assessee had claimed a standard deduction of Rs. 1,000 under section 16(i) of the Income-tax Act, 1961, which clearly showed that he had been provided with conveyance by the company. He calculated the perquisite value of the use of the car at Rs. 5,587. The Appellate Assistant Commissioner considered the facts and was of the view that the perquisite value of the use of the car could be....