https://www.taxtmi.com/caselaws?id=65152 The Appellate Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the addition made by the Income Tax Officer for the value of perquisite related to accommodation provided by the employer on concessional rent. The Tribunal found that the agreed rent was genuine, in compliance with the Rent Control Act, and not linked to the employment relationship. Therefore, the appeals by the Revenue were dismissed based on the reasoning that the accommodation provided was not a taxable perquisite. en-us Thu, 10 Apr 1986 00:00:00 +0530 Sat, 12 Feb 2011 15:37:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65152 The Appellate Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the addition made by the Income Tax Officer for the value of perquisite related to accommodation provided by the employer on concessional rent. The Tribunal found that the agreed rent was genuine, in compliance with the Rent Control Act, and not linked to the employment relationship. Therefore, the appeals by the Revenue were dismissed based on the reasoning that the accommodation provided was not a taxable perquisite. Case-Laws Income Tax Thu, 10 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65152