• Value of rent-free/concessional rent accommodation provided by the employer.
• Any sum paid by employer in respect of an obligation which was actually payable by the assessee.
• Value of any benefit/amenity granted free or at concessional rate to specified employees etc.

The following perquisites are not taxable either under the executive instructions of the Central Board of Direct Taxes or by virtue of specific provision in the Act/Rules:-

• Rent-Free House
  
  
  • Rent-free official residence provided to a judge of a High Court or of the Supreme Court.
  
  
  • Rent-free furnished residence (including maintenance thereof) provided to an official of Parliament, a Union Minister or a Leader of Opposition in Parliament
  
  
  • Accommodation provided in a 'remote area' to an employee working at a mining site or an onshore oil exploration site, or a project execution site or an accommodation provided in an offshore site of similar nature.
  
  
  • Accommodation provided on transfer of an employee in a hotel for not exceeding 15 days in aggregate.
    
    


• Car
  
  
  • Reimbursement of expenses in respect of car (which is owned by employee and used for personal and official purpose) (amount not taxable is up to Rs. 1,200 per month for car having engine capacity of not more than 1600cc, Rs. 1,600 per month for car of above 1600cc and Rs. 600 per month for driver).
  
  
  • Conveyance facility provided to High Court Judges and Supreme Court Judges.
  
  
  • Conveyance facility provided to an employee to cover the journey between office and residence.
    
    


• Interest-Free Loan
  
  
  • Interest-free / concessional loan of an amount not exceeding Rs. 20,000
    
    


• Others
  
  
  • Gift-in-kind up to Rs. 5,000 in a year.
  
  
  • Employer's contribution to staff group insurance scheme

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