1991 (3) TMI 24

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....relating to its assessment for the assessment year 1973-74. The Tribunal has referred to this court the following question of law under section 256(1) of the Income-tax Act, 1961 : " Whether, on the facts and in the circumstances of the case, the payment of house rent allowance, personal accident insurance premia and club subscriptions by the assessee-company to its employees are ' perquisites'....