https://www.taxtmi.com/caselaws?id=67056 Salary includes perquisites under the Income-tax Act, so standard deduction may be considered separately for each salary received from different employers, including the salary element represented by rent-free accommodation. For valuation of rent-free furnished accommodation, the article states that standard rent is the proper basis where rent control principles apply, and actual rent from other let-out portions should not govern the perquisite value. On both issues, the assessee's position was accepted and the revenue's valuation and additions were not sustained. en-us Mon, 08 Aug 1983 00:00:00 +0530 Tue, 08 Mar 2011 18:31:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67056 Salary includes perquisites under the Income-tax Act, so standard deduction may be considered separately for each salary received from different employers, including the salary element represented by rent-free accommodation. For valuation of rent-free furnished accommodation, the article states that standard rent is the proper basis where rent control principles apply, and actual rent from other let-out portions should not govern the perquisite value. On both issues, the assessee's position was accepted and the revenue's valuation and additions were not sustained. Case-Laws Income Tax Mon, 08 Aug 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67056