Perquisite valuation revised: Agniveer Corpus Fund contribution recognised and accommodation valuation to follow prescribed computation, altering concessional treatment. Amendment recognises the Central Government contribution to an individual's Agniveer Corpus Fund as a specific perquisite and revises employer provided accommodation valuation by requiring computation in a prescribed manner and deeming accommodation concessional when that computed value exceeds the rent recoverable from or payable by 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.
Perquisite valuation revised: Agniveer Corpus Fund contribution recognised and accommodation valuation to follow prescribed computation, altering concessional treatment.
Amendment recognises the Central Government contribution to an individual's Agniveer Corpus Fund as a specific perquisite and revises employer provided accommodation valuation by requiring computation in a prescribed manner and deeming accommodation concessional when that computed value exceeds the rent recoverable from or payable by the employee.
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