1986 (4) TMI 120

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.... appeals, has been raised by the Revenue and as such all the appeals are being disposed of by a common order: "On the facts and in the circumstances of the case, the CIT(A) erred in deleting the addition made by the ITO for value of perquisite in respect of accommodation provided by the employer on concessional rent." 2. The assessee is an employee of M/s Gwalior Rayon's aGwalior. That compa....

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....appeal before us. 3. We have heard ld. Departmental Representative as well as the ld. counsel for the assessee. The Departmental Representative has supported the order of the AO and has urged that the accommodation in question has been given out to the assessee by viture of he being in the service of M/s Gwalior Rayons Co. and that too on a concessional rent. On the other hand, ld. counsel for ....

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.... him and the tenant. The order of the assessing authority indicates that standard rent of the accommodation in question has been declared by the Rent Control Authority. The fact goes to suggest that the rent declared by the Rent Control Authority is the reasonable rent of the accommodation in question. Besides this, there in nothing on record which may indicate that the accommodation was given to ....