https://www.taxtmi.com/caselaws?id=67056 Salary includes perquisites, including employer-provided rent-free furnished accommodation. Where salary is received from multiple employers, standard deduction is available separately against each distinct salary receipt, including the salary component represented by the accommodation perquisite. Valuation of residential accommodation perquisites must follow the standard-rent basis where rent-control principles apply; actual rent received from other portions of the property is not determinative where it does not reflect that basis. Municipal valuation may serve as the appropriate guide for determining annual letting value and the taxable accommodation perquisite. 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, including employer-provided rent-free furnished accommodation. Where salary is received from multiple employers, standard deduction is available separately against each distinct salary receipt, including the salary component represented by the accommodation perquisite. Valuation of residential accommodation perquisites must follow the standard-rent basis where rent-control principles apply; actual rent received from other portions of the property is not determinative where it does not reflect that basis. Municipal valuation may serve as the appropriate guide for determining annual letting value and the taxable accommodation perquisite. Case-Laws Income Tax Mon, 08 Aug 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67056