https://www.taxtmi.com/acts?id=53321 Prescribes the method for valuing perquisites for computation of income under the head "Salaries", where benefits are provided by an employer directly or indirectly to an employee or to any member of the employee's household by reason of employment. The rule treats residential accommodation, motor cars, goods and services, loans, holiday travel, food, gifts, club facilities, movable assets, and other benefits as taxable perquisites according to specified valuation formulas, with reductions for amounts actually paid or recovered from the employee and with different treatment depending on whether the benefit is furnished, hired, shared, official, personal, or partly personal. en-us Fri, 20 Mar 2026 17:36:56 +0530 Mon, 06 Apr 2026 11:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53321 Prescribes the method for valuing perquisites for computation of income under the head "Salaries", where benefits are provided by an employer directly or indirectly to an employee or to any member of the employee's household by reason of employment. The rule treats residential accommodation, motor cars, goods and services, loans, holiday travel, food, gifts, club facilities, movable assets, and other benefits as taxable perquisites according to specified valuation formulas, with reductions for amounts actually paid or recovered from the employee and with different treatment depending on whether the benefit is furnished, hired, shared, official, personal, or partly personal. Act-Rules Income Tax Fri, 20 Mar 2026 17:36:56 +0530 https://www.taxtmi.com/acts?id=53321