Question

Mr. RamGopal an employes in a company is drawing Rs40000 per month as salary plus 10%of his salary as dearness pay. He is getting enter tainment allowance of Rs 1000 per month. He has spent Rs5000 on the entertainment of the company customers. He is provided with a rent -free unfurnished house at Allahabad of the fair rental value of Rs 5000 per month. The house is owned by the company. He is also provide d with a small car for his personal and official use and all the expenses of its maintenance and running are met by the company. Find out his taxable salary for the Assessment Year 2020-2021.solve the Rent free house? ​

Answer 1

Answer:

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