Mistakes in valuing the perquisite of rent free accommodation.

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..... Section(s) Referred: 17 Statute: Income - Tax Act, 1961 The Revenue audit have recently pointed out several instances of mistakes in valuing the perquisite of rent free accommodation or of pro .....

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..... ployee, the employee should be deemed to have enjoyed the perquisite of rent free accommodation, or accommodation at concessional rate, even if he is not in physical occupation of the accommodation. .....

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