Agra ITAT allows Sec. 89
relief to assessee-employee with respect to arrears received in lieu of
employer's contribution to an approved superannuation fund [taxable as
perquisite u/s. 17(2)(vii)] during AY 2014-15; Rejects Revenue’s stand that the
payments made by employer was perquisites u/s. 17(2), which cannot qualify for
relief u/s. 89(1) as it covers salary arrears and arrears for profit in lieu of
salary u/s. 17(3) only; Observes that Sec. 17(1)(iv) defines ‘salary’ to inter
alia include perquisites, hence relief u/s 89 is available qua perquisites
also; Likewise, clarifies that though Rule 21A talks of income by ways of
salary, it does pertain to perquisite as well:ITAT
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