Rent not to be held as benefit/perquisite just because spouse had substantial interest in lessee-Co.

IT : When assessee had let out property to the company (JISL) in which her husband and their relatives were holding substantial interest, it means that rent has been derived as a quid-proquofor letting out the property, thus, such receipt of rent could not be characterized as benefit or perquisite under Section 2(24)(iv)