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1993 (2) TMI 1 - SC - Income Tax
Indian company paid tax on behalf of the assessee - Whether the amount of tax paid by Ballarpur on behalf of the assessee, is income taxable under the heading 'Other sources' - integral connection between the salary received by the assessee and the tax payable thereon paid by Ballarpur in pursuance of a legal obligation, cannot be over-looked - to determine annual value u/s 23, standard rent should be taken as the basis even where the assessee is receiving rent higher than the standard rent