SC: Courts Must Curb Unlicensed Money Lenders; Probes Need Not Wait For New Law  ||  SC: Gratuity May be Withheld While Criminal or Disciplinary Proceedings are Pending Against Employee  ||  SC: Weapon Recovery Useless Without Proof Linking it to Crime under Section 27 Evidence Act  ||  SC: Fines Also Run Concurrently When Sentences For Multiple Offences Run Concurrently  ||  SC Dissolves 10-Year Estranged Marriage, Quashes 80+ Cases in 'Matrimonial Mahabharata' Dispute  ||  SC: Board Resolution Signature Alone Doesn’t Prove Director’s Knowledge of Company Affairs  ||  Raj HC: Industrial Tribunal Allowing Workman Legal Representation But Denying Employer is Unequal  ||  Karnataka HC: Service Bonds Enforceable on Students With Subsidised Education, Not Bonded Labour  ||  Gauhati HC: Challenge to Marks Barred by Constructive Res Judicata When Party Accepts Limited Remand  ||  SC: Cheque Dishonour Complaint Can't be Quashed Pre-Trial if Sec 138 NI Act Conditions Met    

ITAT Kolkata: Rent-Free Accommodation to Part Time-Director from Company is Not ‘Business Income' - (08 Jun 2017)

ITAT Kolkata has held that rent-Free accommodation received by a Part Time-Director cum Employee from the Company cannot be taxable as “Business Income” under provisions of Income Tax Act.

Tags : ITAT KOLKATA   RENT-FREE ACCOMMODATION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved