https://www.taxtmi.com/acts?id=3648 Rule 3 prescribes the method for valuing perquisites for salary tax purposes, including residential accommodation, motor cars, domestic staff, utilities, education, travel, food, gifts, credit-card and club expenses, movable assets, and other benefits. It also lays down the valuation of interest-free or concessional loans, holiday facilities, and the fair market value of specified securities and sweat equity shares on exercise of option, with defined exclusions, thresholds, and formula-based computations for different categories of benefit. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 23 May 2026 11:19:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3648 Rule 3 prescribes the method for valuing perquisites for salary tax purposes, including residential accommodation, motor cars, domestic staff, utilities, education, travel, food, gifts, credit-card and club expenses, movable assets, and other benefits. It also lays down the valuation of interest-free or concessional loans, holiday facilities, and the fair market value of specified securities and sweat equity shares on exercise of option, with defined exclusions, thresholds, and formula-based computations for different categories of benefit. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3648