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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Business perquisite - the perquisites of business are taxable ...


Business Perquisites Taxable u/s 28(iv) of Income Tax Act; Value of Benefits from Business Activities Taxed.

April 5, 2013

Case Laws     Income Tax     HC

Business perquisite - the perquisites of business are taxable under clause (iv) of Section 28 of the Act, which contemplates that the value of any benefit or perquisite - HC

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