https://www.taxtmi.com/caselaws?id=9808 The court held that the concessional accommodation provided by the employer to its employees did not constitute a perquisite under section 17 of the Income-tax Act. It was determined that if employees paid the same rent as others in similar positions, it did not amount to a concession in rent. The court emphasized that no concession arises if the rent paid is not less than the standard rent. Relying on previous decisions, the court dismissed the appeals, confirming that no perquisite value could be added for the concessional accommodation provided to employees. The appeals were dismissed in favor of the assessee, with no order as to costs. en-us Fri, 02 Dec 2005 00:00:00 +0530 Mon, 13 Jun 2011 19:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9808 The court held that the concessional accommodation provided by the employer to its employees did not constitute a perquisite under section 17 of the Income-tax Act. It was determined that if employees paid the same rent as others in similar positions, it did not amount to a concession in rent. The court emphasized that no concession arises if the rent paid is not less than the standard rent. Relying on previous decisions, the court dismissed the appeals, confirming that no perquisite value could be added for the concessional accommodation provided to employees. The appeals were dismissed in favor of the assessee, with no order as to costs. Case-Laws Income Tax Fri, 02 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9808