https://www.taxtmi.com/caselaws?id=19977 The court ruled in favor of the assessee, determining that the interest forgone by the assessee should be considered in calculating the perquisite value of the flat. As a result, the assessed value of the flat was reduced, indicating that no additional benefit was derived by the assessee. The court emphasized the significance of relevant factors in assessing perquisite values and concluded that there would be no order as to costs in this case. en-us Thu, 16 Sep 1993 00:00:00 +0530 Wed, 11 Nov 2009 10:05:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19977 The court ruled in favor of the assessee, determining that the interest forgone by the assessee should be considered in calculating the perquisite value of the flat. As a result, the assessed value of the flat was reduced, indicating that no additional benefit was derived by the assessee. The court emphasized the significance of relevant factors in assessing perquisite values and concluded that there would be no order as to costs in this case. Case-Laws Income Tax Thu, 16 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19977