Perquisites

Supreme Court Upholds Tax on Concessional Loans for Bank Employees: All India Bank Officers’ Confederation vs. Central Bank of India (2024)

/ Constitutional Law, Constitutional Law with Article 14, Fundamental Rights, Income Tax Act, 1961, Income Tax Act, 1961 with Section 17, Income Tax Rules, 1962, Income Tax Rules, 1962 with Rule 3, Perquisites, Tax on Concessional Loans, Taxation of Salary, Valuation of Perquisites

Supreme Court Upholds Tax on Concessional Loans for Bank Employees: All India Bank Officers’ Confederation vs. Central Bank of India (2024) LEGAL ISSUE: Whether the tax on interest-free or concessional loans provided by banks to their employees is valid. CASE TYPE: Tax Law Case Name: All India Bank Officers’ Confederation vs. The Regional Manager, Central […]

Supreme Court Upholds Tax on Concessional Loans for Bank Employees: All India Bank Officers’ Confederation vs. Central Bank of India (2024) Read Post »

Supreme Court Clarifies Taxability of Stock Appreciation Rights (SARs) in Income Tax Act: Addl. Commissioner of Income Tax vs. Bharat V. Patel (24 April 2018)

/ Abhay Manohar Sapre, Income Tax Act, 1961, Income Tax Act, 1961 with Section 17(2), Income Tax Act, 1961 with Section 28(iv), Judges, Perquisites, R.K. Agrawal

Supreme Court Clarifies Taxability of Stock Appreciation Rights (SARs) in Income Tax Act: Addl. Commissioner of Income Tax vs. Bharat V. Patel (2018) LEGAL ISSUE: Whether the amount received on redemption of Stock Appreciation Rights (SARs) is taxable as a perquisite or as capital gains under the Income Tax Act, 1961. CASE TYPE: Income Tax

Supreme Court Clarifies Taxability of Stock Appreciation Rights (SARs) in Income Tax Act: Addl. Commissioner of Income Tax vs. Bharat V. Patel (24 April 2018) Read Post »

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