Business Studies, asked by saddamhusain2541998, 3 months ago

.
How is the value of rent-free house calculated
under the head 'Income from Salary?​

Answers

Answered by Jeepsa9853593
1

Answer:

In case of rent-free accommodation provided to an employee, wherein the employer has taken the property on lease or rent, the value of the perquisite would be the actual amount of lease or rental paid or 15% of the salary, whichever is lower.

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