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 SALARIES – PERQUISITE

Rent-free accommodation : Where Assessing Officer passed an order under section 201(1) holding that assessee was required to deduct TDS on perquisite value of accommodation provided to its employees at rate of 15 per cent of salary, without first recording a finding as to whether there was ‘concession’ and case was covered by section 17(2)(ii), impugned order was to be set aside – Assistant Commissioner of Income-tax, Circle-74(1) v. Indian Institute of Technology – [2024] 158 taxmann.com 457 (Delhi – Trib.)

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