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10. Following are the particulars of income of Mr. A:
(1) (1) Pay Rs. 16,800 p.m.
(1) D.A. Rs. 7,200p.m. (Enters into pay for service benefits)
(ii) Additional D.A. Rs. 3,000 p.m.
(iv) Bonus one month's salary (Pay+DA which enters)
(v) Rent free residential accommodation at New Delhi
(population above 25 lakhs) :
Annual rental value of the house owned by employer
is Rs. 48,000 and cost of furnishing is Rs. 94,000.
(vi) Employer contributes @ 12% of salary to RPFAccount.
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Answer:
(v)
Explanation:
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