Employer-Paid Life Insurance Premiums Classified as Taxable Perquisites u/s 17(2)(v) of Income Tax Act.

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....Salary income - Perquisites - Addition u/s. 17(2)(v) towards insurance premium paid by the employer - any policy to effect an assurance on the life of the assessee shall be treated as a ‘perquisite’ as defined in the Act. - Additions confirmed - AT....