https://www.taxtmi.com/circulars?id=8335 Instruction prescribing computation of taxable perquisites for hotel employees: lodging valued as a proportion of salary for furnished or unfurnished accommodation or the usual rent, whichever is less; boarding valued at the hotel's actual cost of food supplied (including overheads). The formula applies only to bona fide employees and excludes directors with a substantial interest in the hotel company. en-us Wed, 02 Mar 1960 00:00:00 +0530 Thu, 02 Dec 2010 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8335 Instruction prescribing computation of taxable perquisites for hotel employees: lodging valued as a proportion of salary for furnished or unfurnished accommodation or the usual rent, whichever is less; boarding valued at the hotel's actual cost of food supplied (including overheads). The formula applies only to bona fide employees and excludes directors with a substantial interest in the hotel company. Circulars Income Tax Wed, 02 Mar 1960 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8335