2002 (6) TMI 164 - AT - Income Tax

Summary

The appeals by M/s Huges Service Far East (P) Ltd. against CIT(A) orders for the assessment year 1993-94 were heard together and decided in favor of the assessee. The addition made as income from other sources on account of boarding was deleted based on a Special Bench decision. The order regarding multiple grossing up of tax perquisite was also set aside in favor of the assessee, following earlier Tribunal decisions. As a result, all appeals were allowed.