SOME RELEVANT CASE LAWS RENT FREE ACCOMMODATION



Posted on 06-05-2016        By ADMIN



SOME RELEVANT CASE LAWS  RENT FREE ACCOMMODATION

 RENT FREE ACCOMMODATION

A rent free accommodation was provided to the assessee by his employer but he never occupied it. Held that, unless the employee expressly forgoes his right to occupying it, the perk value would be taxable even though he never occupies it. (CIT v B.S. Chauhan 150 ITR 8(Del)).




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