https://www.taxtmi.com/caselaws?id=58688 The Tribunal determined that the perquisite value for rent-free accommodation provided to the assessee should be based on the standard rent of the accommodation, computed at Rs. 1,870 by a registered valuer. This decision favored the assessee, aligning with recent Supreme Court interpretations that standard rent should be considered the reasonable rental value for such accommodations. The appeal was allowed in favor of the assessee, emphasizing the relevance of standard rent in determining the valuation of rent-free accommodation. en-us Sat, 03 Sep 1983 00:00:00 +0530 Tue, 21 Dec 2010 15:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58688 The Tribunal determined that the perquisite value for rent-free accommodation provided to the assessee should be based on the standard rent of the accommodation, computed at Rs. 1,870 by a registered valuer. This decision favored the assessee, aligning with recent Supreme Court interpretations that standard rent should be considered the reasonable rental value for such accommodations. The appeal was allowed in favor of the assessee, emphasizing the relevance of standard rent in determining the valuation of rent-free accommodation. Case-Laws Income Tax Sat, 03 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58688