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 • The taxpayer was an expatriate employee (expatriate) of Denso India Ltd (the employer). • The expatriate was provided with a company leased accommodation by the employer. • The said accommodation...