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Commerce · Q220

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 220

Q220

Value of rent-free accommodation in case of Government employee shall be taxable up to:

A.
15% of employee's salary
B.
8% of employee's salary
C.
License fee fixed by Government
Answer
D.
10% of employee's salary

Answer: Option C

Solution

Answer: Option C
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