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<h1>CBDT Amends Income-Tax Rules on Employer-Provided Housing; New Valuation Methods for Furnished, Unfurnished Units Effective Sept 1, 2023.</h1> The Central Board of Direct Taxes issued Notification No. 65/2023, amending the Income-tax Rules, 1962, regarding the computation of perquisites for residential accommodation provided by employers. Effective September 1, 2023, the rules specify how the value of such accommodation is determined based on whether it is furnished or unfurnished, and the type of employer. The amendments include specific calculations for accommodations provided by the government, other employers, or in hotels, with adjustments for furniture costs. Provisions are made for temporary accommodations and those in remote areas, with guidelines on cost inflation and valuation limits for continued use.