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Commerce · Q123

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 123

Q123

Value of rent-free accommodation or a house owned by employer in case of nongovernment employees with above 25 lakh population is:

A.
15% of employee salary
Answer
B.
7.5% of employee salary
C.
20% of employee salary
D.
10% of employee salary

Answer: Option A

Solution

Answer: Option A
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