Taxability as perquisite of Transport facility provided to an employee from his residence to office and vice- versa

RELEVANT PARAGRAPH

8. Having heard both the parties and having considered their rival contentions, let us consider the relevant provisions of law.

[a] We find that the term ‘income’ has been defined in sec.2[24] to include the value of any perquisite or profits in lieu of salary taxable under clauses [2] and [3] of section 17.

[b] Sec.17 defines ‘salary’, ‘perqu

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