Case Law Details
Case Name : RBF Rig Corpn. LIC (RBFRC) v. ACIT (ITAT Delhi)
Related Assessment Year :
Courts :
All ITAT ITAT Delhi
RBF Rig Corpn. LIC (RBFRC) v. ACIT (ITAT Delhi)
Equivalent citations: 2008 297 ITR 228 Delhi, (2008) 113 TTJ Delhi 143.
Bench: V Gandhi, P Parashar, R Sharma
ORDER
Vimal Gandhi, President
1. The Special Bench has been constituted Under Section 255(3) of the Income-tax Act, 1961 on the recommendation of regular bench to dispose of the following issue:
Whether, on the facts and in the circumstances of the case, tax paid by the employer on the income of the assessee is entitled to exemption Under Section 10( 10CC) of the Income-tax Act?
The Special Bench constituted vide order da...
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Hi I need an advise.
My employer provided a free health checkup for my Dependents, but later they added the amount they claim to have incurred in my payslip as a Perquisite, and also deducted TDS on the same.
Have they done the right thing? Should’t this complete amount be exempted from Tax, as they have not actually paid the amount to me in cash?
Please guide
yes beyond Rs.5 lakh is taxable.
ex-Gratia paid on vrs in cental govt sevice beyond Rs. 5 lakh is taxable?