https://www.taxtmi.com/caselaws?id=215964 Employer-funded repair and renovation of an employee's leased residential accommodation was held not to be a separate taxable perquisite where the premises were leased in the employee's own name and no enforceable obligation to carry out the renovations was shown. The prescribed valuation mechanism under Rule 3 for residential accommodation perquisites was treated as exhaustive, so the tax authorities could not add renovation expenditure outside that scheme. The principle of expressio unius est exclusio alterius supported exclusion of any independent perquisite addition. Section 17(2)(iv) was therefore inapplicable on these facts, and the expenditure was excluded from taxable income. en-us Fri, 17 Aug 2012 00:00:00 +0530 Sun, 26 Aug 2012 22:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215964 Employer-funded repair and renovation of an employee's leased residential accommodation was held not to be a separate taxable perquisite where the premises were leased in the employee's own name and no enforceable obligation to carry out the renovations was shown. The prescribed valuation mechanism under Rule 3 for residential accommodation perquisites was treated as exhaustive, so the tax authorities could not add renovation expenditure outside that scheme. The principle of expressio unius est exclusio alterius supported exclusion of any independent perquisite addition. Section 17(2)(iv) was therefore inapplicable on these facts, and the expenditure was excluded from taxable income. Case-Laws Income Tax Fri, 17 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215964