fund, etc. 6. Section 17(2) relates to ‘perquisites’ and reads:8 “(2) “Perquisite” includes— (i) the value of rent-free accommodation provided to the assessee by his employer computed in such manner as may be prescribed; (ii) the value of any accommodation provided to the assessee by his employer at a concessional rate. Explanation.— For the purposes of this sub-clause, it is clarified that accommodation shall be deemed to have been provided at a concessional rate, if the value of accommodation computed in such manner as may be prescribed, exceeds the rent recoverable from, or payable by, the assessee; (iii) the value of any benefit or amenity granted or provided free of cost or at concessional rate in any of the following cases— 8 Post 01.04.2010. Civil Appeal No. 7708 of 2014 & Ors. Page 3 of 17(a) by a company to an employee who is a director thereof; (b) by a company to an employee being a person who has a substantial interest in the company; (c) by any employer (including a