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1993 (3) TMI 41 - DELHI HIGH COURT
Extract:
.......enefit or perquisite was money, there was no question of considering the value of such monetary benefit or perquisite under clause (iv) of section 28. It held that it was only if the benefit or perquisite was not in cash or money that section 28(iv) would apply. We, therefore, answer the questions in favour of the assessees and against the Revenue.