Agniveer Corpus Fund contributions treated as salary, with accommodation perquisites to be valued under prescribed rules. Government contribution to an individual's Agniveer Corpus Fund under the Agnipath Scheme is included as salary. Valuation of rent free accommodation and accommodation provided at a concessional rate must be computed in the manner prescribed by rules, and accommodation is deemed concessional where the prescribed value exceeds rent recoverable from the employee.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Agniveer Corpus Fund contributions treated as salary, with accommodation perquisites to be valued under prescribed rules.
Government contribution to an individual's Agniveer Corpus Fund under the Agnipath Scheme is included as salary. Valuation of rent free accommodation and accommodation provided at a concessional rate must be computed in the manner prescribed by rules, and accommodation is deemed concessional where the prescribed value exceeds rent recoverable from the employee.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
