https://www.taxtmi.com/caselaws?id=8520 Employer-paid income-tax is includible in an employee's salary for valuing rent-free accommodation under the salary definition in Rule 3, because it forms part of the computation by reference to the corresponding older rule. Electricity charges and profession tax reimbursed by the employer are also includible as salary components for that purpose. By contrast, the use of a car is not treated as an allowance within salary and must be excluded from the valuation base. The discussion therefore distinguishes monetary reimbursements and tax payments, which are counted, from a non-monetary car benefit, which is not. en-us Fri, 20 Aug 1971 00:00:00 +0530 Mon, 27 Apr 2009 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8520 Employer-paid income-tax is includible in an employee's salary for valuing rent-free accommodation under the salary definition in Rule 3, because it forms part of the computation by reference to the corresponding older rule. Electricity charges and profession tax reimbursed by the employer are also includible as salary components for that purpose. By contrast, the use of a car is not treated as an allowance within salary and must be excluded from the valuation base. The discussion therefore distinguishes monetary reimbursements and tax payments, which are counted, from a non-monetary car benefit, which is not. Case-Laws Income Tax Fri, 20 Aug 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8520