2003 (10) TMI 40 - UTTARANCHAL HIGH COURT

Non-resident – contracts regarding on period and off period salary – Tribunal was not right in holding that off period salary was not taxable under section 9(1)(ii) read with the Explanation as it stood at the relevant time - Tribunal was right in holding that free food, beverages and boarding on the rig was not a perquisite under section 17(2)(iii) as free food and beverages given there was a necessity and not a luxury so its value cannot be added to the income of the assessee- Interest under section 234B - assessee had to estimate his current income. The words used under section 209(1)(a) make the assessee estimate his current income and since a bona fide dispute was pending, imposition of interest under section 234B was not justified without hearing and without reasons.