9911796707
TMI Blog2007 (3) TMI 224X X X X Extracts X X X X X X X X Extracts X X X X ..... e view that two of the questions raised are substantial questions of law but two are not. The first question urged is that the assessee ought to be taxed under section 28(iv) of the Income-tax Act, 1961, on account of perquisite benefits such as a house provided to him by the company, servants, chauffeur and gardener. The Assessing Officer had imposed tax on these items but the appellate autho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... According to the Assessing Officer, the wife of the assessee was not entitled to this amount but the appellate authorities found that she was a qualified professional who was looking after the running of Children Welfare Scheme for a long time. She had long experience and, therefore, her income could not be clubbed with that of the assessee. We find no error in the view taken by the appellate aut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the company from which he had taken a loan at 18 per cent. per annum interest as against 24 per cent. per annum interest recoverable from others?" Paper books be filed in accordance with the High Court Rules. It is made clear that since we are dealing with a large number of ITAs, the amounts may be different in each case but the substance of the questions remain the same. This appeal will ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
