https://www.taxtmi.com/caselaws?id=36193 Employer-provided residential accommodation given as part of service conditions was treated as a service occupation, not a tenancy; the employee was therefore only a licensee and the Delhi Rent Control Act, 1958 did not govern the occupation. For income-tax purposes, the accommodation constituted a concessional perquisite under section 17(2) of the Income-tax Act, 1961, and its value had to be computed under rule 3 of the Income-tax Rules, 1962. The Rent Act standard of rent was not imported into perquisite valuation, and the references were answered in favour of the revenue. en-us Tue, 13 Jan 1981 00:00:00 +0530 Sat, 20 Mar 2010 10:22:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36193 Employer-provided residential accommodation given as part of service conditions was treated as a service occupation, not a tenancy; the employee was therefore only a licensee and the Delhi Rent Control Act, 1958 did not govern the occupation. For income-tax purposes, the accommodation constituted a concessional perquisite under section 17(2) of the Income-tax Act, 1961, and its value had to be computed under rule 3 of the Income-tax Rules, 1962. The Rent Act standard of rent was not imported into perquisite valuation, and the references were answered in favour of the revenue. Case-Laws Income Tax Tue, 13 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36193