https://www.taxtmi.com/caselaws?id=213768 The court determined that the tax paid by the employer on behalf of the employee constitutes a "perquisite" under Section 17(2)(iv) of the Income Tax Act, 1961. This tax payment should be excluded when calculating the value of the perquisite "rent-free accommodation" under Rule 3 of the Income Tax Rules, 1962. The court referenced relevant precedents and legal interpretations to support this decision. Consequently, the appeals were dismissed as no significant legal question arose for consideration. en-us Thu, 17 May 2012 00:00:00 +0530 Wed, 12 Dec 2012 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213768 The court determined that the tax paid by the employer on behalf of the employee constitutes a "perquisite" under Section 17(2)(iv) of the Income Tax Act, 1961. This tax payment should be excluded when calculating the value of the perquisite "rent-free accommodation" under Rule 3 of the Income Tax Rules, 1962. The court referenced relevant precedents and legal interpretations to support this decision. Consequently, the appeals were dismissed as no significant legal question arose for consideration. Case-Laws Income Tax Thu, 17 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213768