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1972 (4) TMI 27 - HC - Income TaxWhether the financial advisor of the company is a servant of the company and whether the value of rent-free accommodation is assessable u/s 7 - " Whether the Tribunal was correct in holding that the provisions of section 7 of the Indian Income-tax Act, 1922, did not apply to the facts and circumstances of the case and in deleting the addition? " - It is not possible from the resolution of the board itself to draw an inference that there existed the relationship of master and servant between the assessee and the company. Unless such a relationship is established, section 7 has no application
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