Satish is employed as chief engineer in Gama Ltd., Chennai w.e.f. 1st April 2020 for a consolidated salary of ₹ 60,000 per month. He is provided with rent-free unfurnished accommodation owned by the employer from 1st July 2019 onwards. The value of taxable perquisite is

Question:Satish is employed as chief engineer in Gama Ltd., Chennai w.e.f. 1st April 2020 for a consolidated salary of ₹ 60,000 per month. He is provided with rent-free unfurnished accommodation owned by the employer from 1st July 2019 onwards. The value of taxable perquisite is

1.₹ 1,08,000

2.₹ 81,000

3. ₹ 72,000

4. ₹ 54,000


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