https://www.taxtmi.com/circulars?id=4197 The amendments to Rule 3 reduce valuation rates for concessional rent, rent free and leased accommodation retrospectively and add valuation provisions for benefits provided by employers not subject to Fringe Benefit Tax. New sub rules prescribe valuation methods for specified amenities and residual benefits supplied by exempt employers; these sub rules take effect for the assessment year following their notified effective date, and the Income Tax Rules were amended and notified by the Board. en-us Thu, 08 Nov 2007 00:00:00 +0530 Mon, 28 Jul 2008 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4197 The amendments to Rule 3 reduce valuation rates for concessional rent, rent free and leased accommodation retrospectively and add valuation provisions for benefits provided by employers not subject to Fringe Benefit Tax. New sub rules prescribe valuation methods for specified amenities and residual benefits supplied by exempt employers; these sub rules take effect for the assessment year following their notified effective date, and the Income Tax Rules were amended and notified by the Board. Circulars Income Tax Thu, 08 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4197