Article 14

Article 14 — the law in short

What the courts have decided on section Article 14, in one screen. Read this first; open an entry when you need the facts, the reasoning and the source.

• All India Bank Officers' Confederation v Central Bank Supreme CourtHelps departmentValidity unconfirmed
  My employer gave me a concessional staff loan. Is the interest I saved taxable as a perquisite?
  Yes. Interest-free and concessional employer loans are fringe benefits and therefore perquisites, and the Supreme Court upheld both s.17(2)(viii) and the Rule 3(7)(i) valuation pegged to the State Bank of India prime lending rate as neither arbitrary nor contrary to Article 14.

Listed strongest first: Supreme Court, then High Court, then Tribunal, then CBDT. Nothing here has yet been read in full by a chartered accountant — open an entry to see where it came from.