https://www.taxtmi.com/caselaws?id=63411 The Tribunal held that rewards paid to an employee should be considered part of the salary for calculating the value of rent-free accommodation, as they were directly related to the employee's office and not explicitly excluded under Explanation 1 to Rule 3 of the Income-tax Rules, 1962. The Tribunal emphasized that the rewards were a regular feature linked to work performance and cited dictionary definitions supporting their interpretation. Consequently, the Revenue's appeals were allowed, overturning the CIT (Appeals) orders and restoring the ITO's decisions for the assessment years in question. en-us Mon, 17 Jul 1989 00:00:00 +0530 Sat, 29 Jan 2011 18:10:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63411 The Tribunal held that rewards paid to an employee should be considered part of the salary for calculating the value of rent-free accommodation, as they were directly related to the employee's office and not explicitly excluded under Explanation 1 to Rule 3 of the Income-tax Rules, 1962. The Tribunal emphasized that the rewards were a regular feature linked to work performance and cited dictionary definitions supporting their interpretation. Consequently, the Revenue's appeals were allowed, overturning the CIT (Appeals) orders and restoring the ITO's decisions for the assessment years in question. Case-Laws Income Tax Mon, 17 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63411