Amendment of section 17.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... olled in the Agnipath Scheme referred to in section 80CCH; ; (ii) in clause (2), with effect from the 1st day of April, 2024, (a) in sub-clause (i), after the word employer , the words computed in such manner as may be prescribed shall be inserted; (b) for sub-clause (ii) and Explanations 1 to 4 thereto, the following shall be substituted, namely: (ii) the value of any accommodation provided to th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f that individual. This amendment will take effect from 1st April, 2023 and will, accordingly, apply in relation to the assessment year 2023-2024 and subsequent assessment years. As per clause (2) of the said section, perquisite , inter alia, includes value of rent-free accommodation or value of any accommodation provided to employees by the employer at a concessional rate. It is further proposed .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X