Satish is employed as chief engineer in Gama Ltd., Chennai w.e.f. 1 st April, 2015 for a consolidated salary of ₹60,000 per month. He is provided with rent-free unfurnished accommodation owned by the employer from 1 st J
CS Executive · Tax Laws and Practice · PYQS · June 2016
Satish is employed as chief engineer in Gama Ltd., Chennai w.e.f. 1 st April, 2015 for a consolidated salary of ₹60,000 per month. He is provided with rent-free unfurnished accommodation owned by the employer from 1 st July, 2015 onwards. The value of taxable perquisite is —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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