Under the Income-tax Act, 2025, the value of rent-free accommodation provided by an employer to an…

Section 17(1)(a) of the Income-tax Act, 2025 includes in perquisite the value of rent-free accommodation provided to the assessee by his employer, computed as prescribed, so it is "a perquisite under section 17(1)(a)" and taxable under the head Salaries. Section 18 defines profits in lieu of salary and section 19 lists deductions from salaries. This corresponds to section 17 of the repealed Income-tax Act, 1961.