Tag Archives: perquisite value

Notional interest on Security deposit is not to be included in perquisite value of the accommodation

By | June 8, 2016

Where an employer takes residential premises on rent by giving security deposit for the benefit of employees, whether the notional interest on such security deposit is liable to be included in the perquisite value of the accommodation given to the assessee employee is the question raised in this appeal?” Held on a plain reading of… Read More »