Case Law Details
Case Name : ITO Vs Sri Raghu Nandan Modi (ITAT Kolkata)
Related Assessment Year : 2010-11 & 2011-12
Courts :
All ITAT ITAT Kolkata
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Rent Free Accommodation cannot given by Company to its part-time director cum Employee cannot be taxed as Perquisites in the Hands of Director as he was receiving NIL Salary from Company and Similarly the Same cannot be taxed as Business Income as there was existing employees and employer relationship between assessee and Company.
The issue before us in the instant case relates to the taxability of rent free accommodation provided by POL to the assessee. The assessee is a part-time director in the comp
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.
Subscribe to Our Daily Newsletter
Sponsored
Sponsored
Sponsored
Search Post by Date