Accountancy, asked by akanshasharma140804, 5 months ago

define the taxable value of perquisites​

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Answered by Anonymous
9

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perquisite” is defined in the section 17(2) of the Income-tax Act as including: 1) Value of rent-free or concessional rent accommodation provided by the employer. 2) Value of any benefit/amenity granted free or at concessional rate to specified employees etc.

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