https://www.taxtmi.com/caselaws?id=63662 Residential accommodation subject to rent control could not be valued as a concessional perquisite where the standard rent for similar premises had already been fixed at Rs. 30 per month. On those facts, payment of Rs. 30 per month was not a concession warranting any further addition under Rule 3 of the Income-tax Rules, 1962. The perquisite valuation made on the footing of concessional accommodation was therefore unsustainable, and the addition was deleted. en-us Wed, 07 Aug 1985 00:00:00 +0530 Tue, 01 Feb 2011 12:40:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63662 Residential accommodation subject to rent control could not be valued as a concessional perquisite where the standard rent for similar premises had already been fixed at Rs. 30 per month. On those facts, payment of Rs. 30 per month was not a concession warranting any further addition under Rule 3 of the Income-tax Rules, 1962. The perquisite valuation made on the footing of concessional accommodation was therefore unsustainable, and the addition was deleted. Case-Laws Income Tax Wed, 07 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63662