Law Schedules

  Meaning of expressions used in rule 6AAF and rule 6AAG. 6AAH. For the purposes of rule 6AAF and rule 6AAG— ( i )   “Eligible company” means a company, which is— ( a )   engaged in the business of manufacture or production of any article or thing, not being an article or thing mentioned at serial number 1 and serial number 2 of the list of articles or things specified in the Eleventh Schedule; or ( b )   engaged in providing services mentioned in column (2) of the Table below: TABLE   S.No. Particulars   (1) (2)   1. Accounting services ...

  Valuation of perquisites. 3. For the purpose of computing the income chargeable under the head “Salaries”, the value of perquisites provided by the employer directly or indirectly to the assessee (hereinafter referred to as employee) or to any member of his household by reason of his employment shall be determined in accordance with the following sub-rules, namely:— (1) The value of residential accommodation provided by the employer during the previous year shall be determined on the basis provided in the Table below ( See page 1.39 ) : TABLE I Sl. No. Circumstances Where accommodation is unfurnished Where accommodation is furnished (1) (2) (3) (4) ...

[ Prescribed allowances for the purposes of clause (14) of section 10. 2BB. (1) For the purposes of sub-clause ( i ) of clause ( 14 ) of section 10, prescribed allowances, by whatever name called, shall be the following, namely :— ( a )   any allowance granted to meet the cost of travel on tour or on transfer; ( b )   any allowance, whether, granted on tour or for the period of journey in connection with transfer, to meet the ordinary daily charges incurred by an employee on account of absence from his normal place of duty; ( c )   any allowance granted to meet the expenditure incurred on con-veyance in performance of duties of an office or employment of profit :   Provided that free conveyance is not provided by the employer; ( d )   any allowance granted to meet the expenditure incurred on a helper where such helper is engaged for the performance of the duties of an office or employment of profit; ( e )   any allowance granted for encouraging ...