TMI Blog2002 (7) TMI 411X X X X Extracts X X X X X X X X Extracts X X X X ..... he Order of the CIT(A) dated 2-9-1996 pertaining to assessment year 1992-93. 2. The first ground of appeal relates to the value of perquisite for rent-free accommodation provided to the assessee. 3. Briefly, the facts of the case are that the assessee is employed with IDPL, a Govt. Company. The accommodation has been provided to the employee for which the recovery of the standard rent was bein ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s, the ld.counsel stated that the employer has fixed the standard rent of the accommodation at Rs. 275 P.M. As the employer has made recovery of more than this amount, nothing was includible in the income of the assessee by way of perquisite. 4. On the other hand, ld. DR supported the order of the CIT(A). He further relied on the decision reported in 251 ITR 781 (SC). 5. We have considered the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an Rs. 1 lakh whereas the investment which qualifies for deduction under section 80CCB was insignificant. Relying on the decision reported in 32 ITD 514 (Bom.) and 172 ITR 108 (P H), the ld.counsel stated that the deduction under section 80CCB was allowable. 8. On the other hand, ld.DR supported the order of the CIT(A). 9. We have considered the rival submissions. The issue is squarely cover ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rates and taxes. These sections do not provide for deduction of arrears of rent. As the provisions of the above sections were not applicable in the assessee s case, the CIT(A) was not justified in disallowing the claim of the assessee. 12. On the other hand, ld.DR supported the orders of the CIT(A). We have considered the rival submissions. We have perused the provisions of section 80GG of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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