Ramesh, an employee of Gauri & Co. of Delhi, received the following payments during the previous year ended 31st March 2021: Basic salary: ₹ 2,40,000 Dearness allowance: 40% of basic salary (40% forming part of salary). Rent-free unfurnished accommoda¬tion provided by the employer for which rent paid by employer being ₹ 50,000. The value of taxable perquisite in the hands of Ramesh will be:

  1. Home

Question:Ramesh, an employee of Gauri & Co. of Delhi, received the following payments during the previous year ended 31st March 2021: Basic salary: ₹ 2,40,000 Dearness allowance: 40% of basic salary (40% forming part of salary). Rent-free unfurnished accommoda¬tion provided by the employer for which rent paid by employer being ₹ 50,000. The value of taxable perquisite in the hands of Ramesh will be:

1. ₹ 41,760

2. ₹ 50,000

3. ₹ 36,000

4. ₹ 52,500

Posted by R4R Team
  1. Ramesh, an employee of Gauri & Co. of Delhi, received the following payments during the previous year ended 31st March 2021: Basic salary: ₹ 2,40,000 Dearness allowance: 40% of basic salary (40% forming part of salary). Rent-free unfurnished accommoda¬tion provided by the employer for which rent paid by employer being ₹ 50,000. The value of taxable perquisite in the hands of Ramesh will be:
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!