Income Tax Act, 2025
Section 9: Ins. by Act 67 of 1984, s. 7 (w.e.f. 11978).
9. Ins. by Act 67 of 1984, s. 7 (w.e.f. 11978).
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1[(viii) the contribution made by the 2[Central Government or any other employer] in the
previous year, to the account of an employee under a pension scheme referred to insection
80CCD;]
(2) “perquisite” includes—
(i) the value of rent-free accommodation provided to the assessee by his employer;
(ii) the value of any concession in the matter of rent respecting any accommodation provided
to the assessee by his employer;
3[Explanation 1.—For the purposes of this sub-clause, concession in the matter of rent shall
be deemed to have been provided if,—
4[(a) in a case where an unfurnished accommodation is provided by any employer other
than the Central Government or any State Government and—
(i) the accommodation is owned by the employer, the value of the accommodation
determined at the specified rate in respect of the period during which the said
accommodation was occupied by the assessee during the previous year, exceeds the rent
recoverable from, or payable by, the assessee;
(ii) the accommodation is taken on lease or rent by the employer, the value of the
accommodation being the actual amount of lease rental paid or payable by the employer
or fifteen per cent. of salary, whichever is lower, in respect of the period during which the
said accommodation was occupied by the assessee during the previous year, exceeds the
rent recoverable from, or payable by, the assessee;]
(b) in a case where a furnished accommodation is provided by the Central Government or
any State Government, the licence fee determined by the Central Government or any State
Government in respect of the accommodation in accordance with the rules framed by such
Government as increased by the value of furniture and fixtures in respect of the period during
which the said accommodation was occupied by the assessee during the previous year,
exceeds the aggregate of the rent re-coverable from, or payable by, the assessee and any
charges paid or payable for the furniture and fixtures by the assessee;
(c) in a case where a furnished accommodation is provided by an employer other than the
Central Government or any State Government and—
(i) the accommodation is owned by the employer, the value of the accommodation
determined under sub-clause (i) of clause (a) as increased by the value of the furniture
and fixtures in respect of the period during which the said accommodation was occupied
by the assessee during the previous year, exceeds the rent recoverable from, or payable
by, the assessee;
(ii) the accommodation is taken on lease or rent by the employer, the value of the
accommodation determined under sub-clause (ii) of clause (a) as increased by the value
of the furniture and fixtures in respect of the period during which the said
accommodation was occupied by the assessee during the previous year, exceeds the rent
recoverable from, or payable by, the assessee;
(d) in a case where the accommodation is provided by the employer in a hotel (except
where the assessee is provided such accommodation for a period not exceeding in
aggregatefifteen days on his transfer from one place to another), the value of the
the contribution made by the 2[Central Government or any other employer] in the
previous year, to the account of an employee under a pension scheme referred to insection
80CCD;]
“perquisite” includes—
the value of rent-free accommodation provided to the assessee by his employer;
the value of any concession in the matter of rent respecting any accommodation provided
to the assessee by his employer;
3[Explanation 1.—For the purposes of this sub-clause, concession in the matter of rent shall
be deemed to have been provided if,—
4[
in a case where an unfurnished accommodation is provided by any employer other
than the Central Government or any State Government and—
the accommodation is owned by the employer, the value of the accommodation
determined at the specified rate in respect of the period during which the said
accommodation was occupied by the assessee during the previous year, exceeds the rent
recoverable from, or payable by, the assessee;
the accommodation is taken on lease or rent by the employer, the value of the
accommodation being the actual amount of lease rental paid or payable by the employer
or fifteen per cent. of salary, whichever is lower, in respect of the period during which the
said accommodation was occupied by the assessee during the previous year, exceeds the
rent recoverable from, or payable by, the assessee;]
in a case where a furnished accommodation is provided by the Central Government or
any State Government, the licence fee determined by the Central Government or any State
Government in respect of the accommodation in accordance with the rules framed by such
Government as increased by the value of furniture and fixtures in respect of the period during
which the said accommodation was occupied by the assessee during the previous year,
exceeds the aggregate of the rent re-coverable from, or payable by, the assessee and any
charges paid or payable for the furniture and fixtures by the assessee;
in a case where a furnished accommodation is provided by an employer other than the
Central Government or any State Government and—
the accommodation is owned by the employer, the value of the accommodation
determined under sub-clause
of clause
as increased by the value of the furniture
and fixtures in respect of the period during which the said accommodation was occupied
by the assessee during the previous year, exceeds the rent recoverable from, or payable
by, the assessee;
the accommodation is taken on lease or rent by the employer, the value of the
accommodation determined under sub-clause
of clause
as increased by the value
of the furniture and fixtures in respect of the period during which the said
accommodation was occupied by the assessee during the previous year, exceeds the rent
recoverable from, or payable by, the assessee;
in a case where the accommodation is provided by the employer in a hotel (except
where the assessee is provided such accommodation for a period not exceeding in
aggregatefifteen days on his transfer from one place to another), the value of the