The perquisite value of Rent Free Accommodation shared between expatriates should be on a proportionate allocable basis

Court- Delhi bench of the Income Tax Appellate Tribunal

Citation: ACIT Vs. Shri Toshio Takeuchi (2010-TII-163-ITAT-DEL-INTL)

Brief: ITAT Delhi held that the perquisite value of rent free accommodation (RFA) provided by the employer being shared between expatriates should be on a proportionate allocable basis provided it is supported by appropriate evidence.

Facts of the case