TMI Blog1986 (4) TMI 122X X X X Extracts X X X X X X X X Extracts X X X X ..... flats. One flat each was given by the said company to the assessee on monthly rent. The assessing officer has held that the rent paid by the assessees is inadequate in comparison to rent prevailing in the locality. He, therefore, held that the employer has let out his premises to its employees on concessional rent. The ITO, therefore, made an addition of Rs. 10,410 in the case of each assessee ea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d that the tenancy has nothing to do with the contract of employment and the accommodation had been let out to the assessees subject to availability. 4. We have considered the arguments advanced before us. No material has been brought on record which may indicate that the accommodation was let out to the assessees in pursuance of the contract of service. It appears, therefore, to be a case of te ..... X X X X Extracts X X X X X X X X Extracts X X X X
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