Valuation of employee accommodation: uniform Rules based method to compute perquisite value and classify concessional housing. The proposal consolidates valuation of employer provided residential accommodation by vesting the Rules with power to prescribe a uniform method for ... Summary
Valuation of employee accommodation: uniform Rules based method to compute perquisite value and classify concessional housing.
The proposal consolidates valuation of employer provided residential accommodation by vesting the Rules with power to prescribe a uniform method for computing the value of rent free and concessional accommodation perquisites, treats accommodation as concessional when prescribed value exceeds rent payable by the employee, deletes several existing Explanations, and applies prospectively to assessments after implementation.
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TaxTMI 
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